McCormick delivered a disappointing result, failing to meet the analyst consensus with respect to revenues as well as earnings. The management claims that it is seeing an improved momentum given the changing consumer consumption patterns, Flavor Solutions demand, and steady service levels and supply. In Q4, their sales growth was decent in the Flavor Solutions area and kept up momentum across all geographies. In addition, the company is speeding up automation, from individual pieces of machinery ....

04 Feb 2023
McCormick & Co: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (02/23)

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McCormick & Co: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (02/23)
- Published:
04 Feb 2023 -
Author:
Ishan Majumdar -
Pages:
26 -
McCormick delivered a disappointing result, failing to meet the analyst consensus with respect to revenues as well as earnings. The management claims that it is seeing an improved momentum given the changing consumer consumption patterns, Flavor Solutions demand, and steady service levels and supply. In Q4, their sales growth was decent in the Flavor Solutions area and kept up momentum across all geographies. In addition, the company is speeding up automation, from individual pieces of machinery ....