McCormick & Company, Incorporated (MKC) News

McCormick & Company, Incorporated (MKC)

Today's Latest Price: $91.51 USD

0.24 (-0.26%)

Updated Jan 21 3:24pm

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Overall POWR Rating

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 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 88 in Food Makers

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StocksNews Articles for MKC

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Latest MKC News From Around the Web

Below are the latest news stories about Mccormick & Co Inc that investors may wish to consider to help them evaluate MKC as an investment opportunity.

McCormick: Stock Up For The Long Term

McCormick & Company (MKC) is an international food company that manufactures, markets, and distributes sauces, dresses and condiment products for the consumer and food service markets. The company has a reliable track record of beating 13 of the last 16 earnings estimates and I am expecting yet another earnings beat...

Value Surgeon on Seeking Alpha | January 12, 2021

McCormick (MKC) Poised on Lucrative Buyouts, Cost-Saving Efforts

McCormick (MKC) is strategically increasing its presence through acquisitions and expand portfolio. Also, it is gaining from escalated at-home cooking trends amid COVID-19.

Yahoo | January 11, 2021

COVID-19 pandemic sent food stocks skyrocketing, but here's why investors now fear them

Food stocks have fallen out of favor with investors. Here's the biggest reason why.

Yahoo | January 11, 2021

Is McCormick & Company, Incorporated (NYSE:MKC) Worth US$95.2 Based On Its Intrinsic Value?

How far off is McCormick & Company, Incorporated ( NYSE:MKC ) from its intrinsic value? Using the most recent financial...

Yahoo | January 11, 2021

McCormick & Company's 2020 Fourth Quarter Results Conference Call to be Available on the Web

McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its fourth quarter 2020 financial results on Thursday, January 28, 2021, at 8:00 a.m. Eastern time. Lawrence Kurzius, Chairman, President & CEO; Mike Smith, Executive Vice President & CFO; and Kasey Jenkins, Vice President Investor Relations will be hosting the call.

Yahoo | January 4, 2021

Get Paid While You Wait: 3 Top Dividend Stocks in the Snack-Food Sector

Dividend stocks are a stabilizing force in most investors' portfolios. The income they provide helps protect returns during market declines. Read on for some good reasons to like PepsiCo (NASDAQ: PEP), McCormick (NYSE: MKC), and General Mills (NYSE: GIS) today.

Yahoo | January 1, 2021

Company News for Dec 31, 2020

Companies In The News Are: MKC, EBS, FOXA, AAPL

Yahoo | December 31, 2020

McCormick (MKC) Continues Buyout Spree, Buys FONA for $710M

McCormick (MKC) acquires FONA, a leading producer of clean and natural flavors. This is set to bolster McCormick's value-added offerings and widen the flavor solutions segment.

Yahoo | December 31, 2020

McCormick acquires FONA International for $710M in cash

McCormick (MKC) purchased 100% of the shares of Illinois-headquartered FONA International and certain of its affiliates for $710M in cash; transaction will be financed using cash and commercial paper.FONA is a manufacturer of clean and natural flavors providing solutions for a diverse customer base across various applications for the food,...

Seeking Alpha | December 30, 2020

McCormick Buys FONA International for $710M in Cash

McCormick & Company Inc. announced today that it has purchased 100% of the shares of FONA International and certain affiliates for $710 million in cash. FONA's annual sales amount to approximately $114 million. McCormick (MKC) manufactures, markets and distributes spices, seasoning mixes, condiments and other flavor enhancing products to the entire food industry across 160 countries and territories. Founded in 1889, the company produces over $5 billion in annual sales and is the self-proclaimed ‘global leader in flavor’. Founded more than 30 years ago, FONA creates and produces clean and natural flavors for a diverse customer base and some of the largest food, beverage, and nutritional companies in the world.

Daniel Plaks on TipRanks | December 30, 2020

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