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McCormick & Co
28 марта, 21:52

McCormick (MKC) Q1 Earnings Beats, Revenues Miss Estimates

McCormick & Co. Inc. (MKC) posted first-quarter fiscal 2017 results, wherein the company reported earnings beat, but revenues lagged the Zacks Consensus Estimate.

28 марта, 14:52

McCormick (MKC) Beats Earnings by a Cent, Lags on Revenues

McCormick posts upbeat earnings in the first quarter fiscal 2017, while revenue lagged on consensus.

22 марта, 17:40

Can McCormick (MKC) Spring a Surprise in Q1 Earnings?

McCormick & Co., Inc. (MKC) is set to report first-quarter 2017 results on Mar 28, before the market opens.

03 февраля, 16:15

Food Stocks to Report Earnings on Feb 6: TSN, SYY, HAIN

Let's see what awaits these three food stocks, which are scheduled to release their quarterly earnings numbers on Feb 6.

31 января, 17:12

Consumer Staples Stocks Feb 1 Earnings Roster: HI, ENR, TUP

Let's see what awaits these three consumer staple stocks, which are scheduled to release their quarterly numbers on Feb 1.

25 января, 18:38

McCormick (MKC) Q4 Earnings Meet, Sales Miss Estimates

McCormick & Co. Inc. (MKC) posted fourth-quarter 2016 results, wherein the company reported in-line earnings but revenues lagged the Zacks Consensus Estimate.

25 января, 15:48

McCormick (MKC) Posts In-Line Earnings, Lags on Revenues

McCormick (MKC) posts in-line earnings in fourth quarter 2016.

21 января, 01:40

Will McCormick (MKC) Disappoint Investors in Q4 Earnings?

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%.

16 декабря 2016, 16:38

McCormick Closes Enrico Giotti Acquisition, Boosts Portfolio

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).

30 ноября 2016, 17:21

McCormick Acquires Italian Flavor Maker Enrico Giotti SpA

McCormick & Co., Inc. (MKC) recently announced its acquisition of 100% of the shares of Italy-based Enrico Giotti SpA (Giotti) for approximately ???120 million ($127 million) cash. Shares of the company increased 0.81% yesterday after the news.

25 октября 2016, 16:30

The Zacks Analyst Blog Highlights: PepsiCo, Constellation Brands, McCormick, Procter & Gamble and Carriage Services

The Zacks Analyst Blog Highlights: PepsiCo, Constellation Brands, McCormick, Procter & Gamble and Carriage Services

24 октября 2016, 16:48

Consumer Staples Stocks' Earnings on Oct 25: PG and CSV

For consumer staples, we have seen Q3 results from 28.6% of the sector's total market cap, as of Oct 21. Reported results reveal 4.7% growth in third-quarter earnings despite a 0.9% drop in revenues.

18 октября 2016, 16:10

Consumer Staples Earnings on Oct 19: SVU, RAI, WDFC, TUP

The Q3 earnings season has commenced on a better note, with results announced so far displaying an improvement from the dreary results of the preceding quarters.

10 октября 2016, 16:17

McCormick Grows on Product Launches, Cautious on Recalls

Recently McCormick (MKC) had to recall a number of McCormick Original Taco Seasoning Mix bottles, due to unlabeled milk allergen, which hurt customers' confidence.

30 сентября 2016, 18:11

McCormick (MKC) Tops Q3 Earnings on Acquisitions, Ups View

McCormick & Co. Inc. (MKC) delivered better-than-expected results in the third quarter of fiscal 2016, where both earnings and revenues beat the Zacks Consensus Estimate. The company has also raised its financial guidance for fiscal year 2016.

30 сентября 2016, 14:11

McCormick (MKC) Beats Q3 Earnings and Revenues

McCormick (MKC) Beats Q3 Earnings and Revenues

26 сентября 2016, 17:02

What's in Store for McCormick & Co. (MKC) in Q3 Earnings?

McCormick & Co., Inc. (MKC) is set to report third-quarter 2016 results on Sep 30, before the market opens. Last quarter, this global leader in spices and flavors posted a positive surprise of 1.35%.

30 июня 2016, 17:46

McCormick (MKC) Tops Q2 Earnings on Acquisition & Volume

McCormick & Co. Inc. (MKC) delivered modest results in the second quarter of fiscal 2016, where earnings beat the Zacks Consensus Estimate while revenues matched the same. The company reiterated its sales and earnings guidance for 2016.

Выбор редакции
14 июня 2016, 15:00

It’s Time for Companies to Be Strategic About Energy

Last year, networking giant Cisco Systems worked with one of its contract manufacturers in Malaysia to deploy 1,500 energy and temperature sensors on its manufacturing equipment. These more “intelligent assets” read performance data, giving Cisco a detailed view of energy consumption — one that had not been available before. Last week, at an internal Cisco meeting, the company’s VP of Supply Chain, John Kern, proudly reported that the project had identified ways to cut energy use by approximately 30%, which will likely save $1 million per year. (Disclosure: I was at the meeting as a paid speaker on sustainability strategy.) When Cisco rolls out the sensors globally, these savings will add up. But to me, the most fascinating thing about the whole initiative is the organizational mindset shift it’s creating: a realization about the value of getting smarter about how — and where — operations use energy. As Kern put it, “We always manage costs so closely, but we weren’t really measuring energy — we didn’t know how much we spent! Through digitization initiatives such as this, we now have a way to measure, monitor, and manage energy…this is huge since energy is typically a factory’s largest variable cost.” In many of the most sophisticated companies with top tier operational practices, energy has mostly been treated as a cost line item, watched only by mid-level managers or execs, if at all. This black box approach can’t last. It’s time to move energy into the C-suite so executives can manage this critical component of operational performance in a more strategic way. In addition, with the global climate accords signed now by 175 countries, the world is clearly turning attention to carbon emissions. How a company manages its carbon footprint and approach to energy in general is becoming a top-tier operational issue — and a big deal to regulators, customers, employees, and investors. Insight Center Operations in a Connected World Sponsored by Accenture The technologies and processes that are transforming companies. Some sectors have woken up already. In the tech world, for example, energy is now the largest component of variable costs for running a datacenter. Logically then, many of the companies investing most heavily in renewables are tech giants like Google, Apple, and Facebook. Heavy industry is also diving in, and companies like 3M and Dow have bought many megawatts of renewable energy and found billions of dollars in energy savings. In agriculture, carbon emissions and energy use throughout the value chain are increasingly a core operational issue as well. Every sector should be taking energy this seriously. Even if it’s not a large cost or risk issue in direct operations, it certainly is somewhere else in the value chain. The importance of energy to the global economy, to geopolitics, and to corporate bottom lines — plus the pressing need to tackle carbon emissions to ensure a stable planet and global wellbeing — all combine to make a powerful case for managing energy much more strategically at all levels, from facilities to total operations to strategy. This basic argument, and its repercussions, are laid out in a new strategy guide that I co-authored with PwC’s George Favaloro and Tim Healy, the CEO of EnerNOC, a leader in energy intelligence software. For our paper, Energy Strategy for the C-Suite, we analyzed research and data on energy use at hundreds of companies, and included perspectives from an advisory council that included corporate energy executives and government and academic thought leaders (I also sit on that advisory group). Aside from describing the mega-trends coming to bear on companies — such as climate change; new expectations of increased transparency about business operations; tech breakthroughs like big data and the internet of things; and dramatic shifts in how energy markets work and how to source energy — we identified 15 emerging best practices that can help companies create more value. Here are a few examples of what we recommend in this new framework: Develop a global energy strategy with C-suite and cross-functional accountability. We believe energy could be viewed in many organizations as a “keystone metric” — i.e., a primary indicator that aligns the whole organization around the pursuit of operational excellence. Optimizing energy and slashing carbon can drive overall operational improvements. Set ambitious, science-based goals for energy and carbon. Dozens of leaders, from many sectors have set goals to cut carbon 40 to 100% in line with climate science (Cisco, Disney, Alcoa, Sony, J&J, EMC, and many more). Track energy data at all levels, from the enterprise down to the product, using new tools to understand better how energy connects to overall business performance and metrics (like cost of goods sold). For example, Saint Gobain’s Ohio factory produces 30,000 different products, each with its own energy demands. Much finer energy intelligence data has helped the company understand its true cost per product line. It has adjusted its product prices accordingly, improving margins or just finding a more competitive price point in the marketplace Use advanced financing mechanisms to expand energy project options. In addition to power purchasing agreements (PPAs) for corporate renewables, companies are increasingly able to buy energy as a service, not a product. Consider McCormick & Co, a Fortune 1000 spice manufacturer. When the company needed to replace old air conditioning units, it contracted with Constellation Energy Group to build a brand new chiller plant. Constellation owns the chiller and charges McCormick for cold air, freeing up McCormick’s capital to invest in other operational improvements and the business itself, not in energy infrastructure. In total, energy is one of the largest components of company cost structure, and it’s a complicated operational issue. But it’s rarely seen as something that can provide deeper strategic insight. With new tools in a much more connected world, executive can better manage this most basic of inputs into the economy. Energy is just too important to be managed as a line item.