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Price cuts, promotions and lagging performance in China saw spices and sauces maker McCormick (MKC) first quarter earnings miss expectations.
Investing.com -- The U.S. food sector is bracing for the effects of newly imposed "reciprocal" tariffs announced by President Donald Trump. The tariffs include a blanket 10% duty on all imports, with ...
McCormick & Company (NYSE:MKC), a major player in spices and seasonings, sources ingredients from 80 countries, making it particularly vulnerable. While fears over Mexican tariffs affecting its ...
Price cuts, promotions and lagging performance in China saw spices and sauces maker McCormick (MKC ... The company, which also owns the EL Guapo Mexican food brand and French’s mustard ...
Ana Sanchez, the president of McCormick & Co.'s operations ... of cultures such as Korean, Mexican, and Indian, sparking curiosity and a willingness to explore spice in new contexts,” she ...
He points to not only traders' expectations for upcoming volatility in the stock market but also the values of the Mexican peso and Canadian ... were slightly weaker than economists expected. Spice ...
McCormick missed first-quarter profit estimates on Tuesday, as higher promotional expenses and price cuts for its spices, sauces and seasonings fell short of boosting demand.
McCormick & Comapany's Chief Information & Digital Officer Guy Peri has leveraged AI to help the flavor giant innovate.
McCormick & Company (MKC) reported fiscal first-quarter earnings that missed analysts’ expectations. The spice and seasoning producer posted revenue of $1.6 billion, up less than 1% year-over ...
McCormick & Co. operates through two primary segments: Consumer and Flavor Solutions. The Consumer segment caters to retail customers, offering a wide range of spices, herbs, and seasonings for home ...
(Reuters) - McCormick missed first-quarter profit estimates on Tuesday, as higher promotional expenses and price cuts for its spices, sauces and seasonings fell short of boosting demand.