An influential report flagged companies that are vulnerable to rising food costs in the U.S.
McCormick & Company, Incorporated Non-VTG CS (MKC) News
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last 30 daysInvestors aren't giving Medtronic credit for its turnaround, and McCormick is gearing up for a major business expansion.
Also, McCormick’s plan to win over value-conscious shoppers.
Margin expansion offsets consumer headwinds as McCormick prepares for Unilever Foods deal.
The spice maker still reported a 17% increase in sales during the latest quarter, largely due to its acquisition of a controlling interest in McCormick de Mexico earlier this year. On an organic basis, sales ticked up 1.9%.
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