McCormick's (MKC) fourth-quarter earnings gain on acquisitions. Strong marketing and pricing actions fuel growth.
Here are some buy-ranked food stocks worth looking into.
McCormick (MKC) posted upbeat results in third-quarter fiscal 2017. The company has also raised its sales, operating income and earnings guidance and expects lower currency impact on earnings.
U.S. spices maker McCormick & Co agrees to buy Reckitt Benckiser Group's food business for a higher-than-expected $4.2 billion in a deal that comes as Reckitt moves to cut debt following its $16.6 billion purchase of baby formula maker Mead Johnson. David Pollard reports. Subscribe: http://smarturl.it/reuterssubscribe More updates and breaking news: http://smarturl.it/BreakingNews Reuters tells the world's stories like no one else. As the largest international multimedia news provider, Reuters provides coverage around the globe and across topics including business, financial, national, and international news. For over 160 years, Reuters has maintained its reputation for speed, accuracy, and impact while providing exclusives, incisive commentary and forward-looking analysis. http://reuters.com/ https://www.facebook.com/Reuters https://plus.google.com/u/0/s/reuters https://twitter.com/Reuters
Компания по производству приправ McCormick & Co. договорилась о покупке продовольственного подразделения Reckitt Benckiser Group PLC за 4,2 млрд долларов. Волна сделок, охватившая отрасль фасованных продуктов, пополнилась еще одной транзакцией, сообщает Dow Jones.
McCormick & Co. Inc. (MKC) posted second-quarter fiscal 2017 results, wherein both the company's earnings and revenues outpaced the Zacks Consensus Estimate. Shares were up 1.87% in the pre-market trading.
McCormick (MKC) Posts Upbeat Earnings and Revenues in Q2.
Per the media, Tyson Foods, Inc. (TSN) is recalling nearly 2.5 million pounds of ready-to-eat breaded chicken owing to allergen risk. The possibility of breaded chicken containing milk, which acts as an allergen for many, was identified by a supplier on Jun 6.
The J.M. Smucker Company (SJM) , a leading manufacturer of food products, posted fourth-quarter fiscal 2017 results wherein both earnings and revenues beat estimates. Notably, the company posted negative surprises in the past three straight quarters.
McCormick & Co. Inc. (MKC) posted first-quarter fiscal 2017 results, wherein the company reported earnings beat, but revenues lagged the Zacks Consensus Estimate.
McCormick posts upbeat earnings in the first quarter fiscal 2017, while revenue lagged on consensus.
McCormick & Co., Inc. (MKC) is set to report first-quarter 2017 results on Mar 28, before the market opens.
Let's see what awaits these three food stocks, which are scheduled to release their quarterly earnings numbers on Feb 6.
Let's see what awaits these three consumer staple stocks, which are scheduled to release their quarterly numbers on Feb 1.
McCormick & Co. Inc. (MKC) posted fourth-quarter 2016 results, wherein the company reported in-line earnings but revenues lagged the Zacks Consensus Estimate.
McCormick (MKC) posts in-line earnings in fourth quarter 2016.
McCormick & Co., Inc. (MKC) is set to report fourth-quarter 2016 results on Jan 25, before the market opens. Last quarter, this global leader in spices and flavors had posted a positive surprise of 8.42%. In fact, the company has delivered positive earnings surprises in all the last four quarters, making for an average surprise of 4.47%.
McCormick & Co., Inc. (MKC) has completed the acquisition of 100% of the shares of Italy-based Enrico Giotti SpA (Giotti) for approximately ???120 million ($127 million).