McCormick & Company Incorporated

NYSE MKC-V

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McCormick & Company Incorporated Operating Income Margin for the quarter ending February 29, 2024: 14.75%

McCormick & Company Incorporated Operating Income Margin is 14.75% for the quarter ending February 29, 2024, a 16.04% change year over year. Operating Income Margin indicates the percentage of revenue that represents operating income, showing the profitability of a company's core operations.
  • McCormick & Company Incorporated Operating Income Margin for the quarter ending February 28, 2023 was 12.71%.
NYSE: MKC-V

McCormick & Company Incorporated

CEO -
IPO Date Oct. 7, 2003
Location United States
Headquarters 24 Schilling Road, Hunt Valley, MD, United States, 21031
Employees 13,800
Sector Consumer Defensive
Industry Packaged foods
Description

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

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StockViz Staff

September 19, 2024

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