Categories AlphaGraphs, Consumer, Earnings
MKC Earnings: All you need to know about McCormick & Company’s Q1 2025 earnings results
McCormick & Company, Incorporated (NYSE: MKC) reported its first quarter 2025 earnings results today.
Net sales of $1.61 billion remained relatively unchanged from the year-ago period. Organic sales grew 2%.
Net income decreased 2.2% to $162.3 million while earnings per share declined 3.2% to $0.60 compared to last year. Adjusted EPS fell 4.8% to $0.60.
Earnings missed expectations while revenue came in line.
For fiscal year 2025, the company expects net sales growth of 0-2% on a reported basis and 1-3% on a constant currency basis. GAAP EPS is expected to be $2.99-3.04 and adjusted EPS is expected to be $3.03-3.08.
The stock fell over 6% in premarket hours on Tuesday.
Prior performance
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
What Starbucks’ ongoing restructuring means for customers and investors
Starbucks Corporation (NASDAQ: SBUX) has launched an extensive restructuring to streamline operations and optimize customer experience. While navigating a difficult operating environment, the coffee giant is working to revive its
Dollar Tree (DLTR) 4Q24 earnings: Family Dollar sale takes center stage in quarterly report
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 4% on Wednesday following the announcement of the company’s fourth quarter 2024 earnings results. The top and bottom line numbers
Key metrics from Chewy’s (CHWY) Q4 2024 earnings results
Chewy, Inc. (NYSE: CHWY) reported its fourth quarter 2024 earnings results today. Net sales of $3.25 billion were up 14.9% year-over-year. Net income fell 29% to $22.8 million, or $0.05
