McCormick has been a wonderful defensive consumer stock for many years. The company delivered a decent year-to-date financial performance as a result of the successful execution of the management's strategies and the company is on track for a fairly good 2022. Its revenue growth was in the low-single-digits for the past quarter but it has consistently delivered double-digit net margins as a result of its strong product offerings and broad global portfolio. McCormick’s consumer segment sales cont ....

27 Apr 2022
McCormick & Co: Financial & Price Forecasts, DCF Valuation, ESG & Other Risks (04/22)

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McCormick & Co: Financial & Price Forecasts, DCF Valuation, ESG & Other Risks (04/22)
- Published:
27 Apr 2022 -
Author:
Ishan Majumdar -
Pages:
16 -
McCormick has been a wonderful defensive consumer stock for many years. The company delivered a decent year-to-date financial performance as a result of the successful execution of the management's strategies and the company is on track for a fairly good 2022. Its revenue growth was in the low-single-digits for the past quarter but it has consistently delivered double-digit net margins as a result of its strong product offerings and broad global portfolio. McCormick’s consumer segment sales cont ....