McCormick has evolved to become a leading producer and distributor of spices, seasoning mixes, hot sauces, condiments and other flavored products. The company has shown a consistent growth momentum, which was also reflected in its third-quarter results. The company’s most recent Q3 revenues grew by a decent rate of 8% (around 5% on a constant currency basis) and was fueled by strong contributions from Cholula and FONA. Despite the food industry suffering from heavy inflationary pressures, McCorm ....
06 Oct 2021
McCormick & Company, Incorporated - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
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McCormick & Company, Incorporated - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
- Published:
06 Oct 2021 -
Author:
Ishan Majumdar -
Pages:
14
McCormick has evolved to become a leading producer and distributor of spices, seasoning mixes, hot sauces, condiments and other flavored products. The company has shown a consistent growth momentum, which was also reflected in its third-quarter results. The company’s most recent Q3 revenues grew by a decent rate of 8% (around 5% on a constant currency basis) and was fueled by strong contributions from Cholula and FONA. Despite the food industry suffering from heavy inflationary pressures, McCorm ....