Highlights of McCormick & Company’s (MKC) Q4 2023 earnings report

McCormick & Company, Incorporated (NYSE: MKC) Thursday reported a double-digit increase in adjusted earnings for the fourth quarter of 2023. Sales moved up 3%. Net sales increased 3% year-over-year to $1.75 billion in the fourth quarter. In constant currency, sales increased 2%. Net income, excluding special items, climbed 16% annually to $0.85 per share during the […]

$MKC

January 25, 2024 1 min read

McCormick & Company, Incorporated (NYSE: MKC) Thursday reported a double-digit increase in adjusted earnings for the fourth quarter of 2023. Sales moved up 3%. Net sales increased 3% year-over-year to $1.75 billion in the fourth quarter. In constant currency, sales increased 2%. Net income, excluding special items, climbed 16% annually to $0.85 per share during the […]

McCormick & Company, Incorporated (NYSE: MKC) Thursday reported a double-digit increase in adjusted earnings for the fourth quarter of 2023. Sales moved up 3%.

McCormick & Company Q4 2023 earnings infographic

Net sales increased 3% year-over-year to $1.75 billion in the fourth quarter. In constant currency, sales increased 2%.

Net income, excluding special items, climbed 16% annually to $0.85 per share during the three months. Unadjusted net income was $219.3 million or $0.81 per share, compared to $185.7 million or $0.69 per share in the year-ago quarter.