McCormick & Company, Incorporated (NYSE: MKC) Tuesday reported an increase in sales and adjusted profit for the first quarter of 2024.
- The food company’s sales increased 3% year-over-year in the first quarter to $1.6 billion; in constant currency, sales grew 2%
- Operating income was $234 million in the first quarter, compared to $199 million in the year-ago period
- Earnings, on a per-share basis, advanced to $0.62 in the February quarter from $0.52 in the same period last year
- Adjusted earnings rose 7% annually to $0.63 per share in the first quarter from $0.59 per share a year earlier
- Cash flow from operations was $138 million in Q1, vs. $103 million in the first quarter of 2023
- The company reaffirmed its sales, operating profit, and adjusted earnings per share outlook for fiscal 2024
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
