Last $68.37 USD
Change Today +0.0935 / 0.14%
Volume 101.3K
MKC On Other Exchanges
Symbol
Exchange
Munich
New York
New York
As of 11:45 AM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

mccormick & co-non vtg shrs (MKC) Snapshot

Open
$68.57
Previous Close
$68.28
Day High
$68.77
Day Low
$68.28
52 Week High
06/9/14 - $73.33
52 Week Low
02/7/14 - $62.75
Market Cap
8.8B
Average Volume 10 Days
747.4K
EPS TTM
$3.31
Shares Outstanding
117.1M
EX-Date
10/8/14
P/E TM
20.6x
Dividend
$1.48
Dividend Yield
2.17%
Current Stock Chart for MCCORMICK & CO-NON VTG SHRS (MKC)

mccormick & co-non vtg shrs (MKC) Related Businessweek News

View More BusinessWeek News

mccormick & co-non vtg shrs (MKC) Details

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates in two segments, Consumer and Industrial. The Consumer segment offers spices, herbs, seasonings, and dessert items directly, as well as through distributors or wholesalers to various retail outlets, including grocery stores, mass merchandise stores, warehouse clubs, and discount and drug stores, as well as supplies private label items. This segment markets its products under the McCormick, Lawry’s, Club House, Zatarain’s, Thai Kitchen, Simply Asia, Ducros, Schwartz, Kamis, Vahiné, DaQiao, and Kohinoor brand names. The Industrial segment provides seasoning blends, spices and herbs, condiments, coating systems, and compound flavors directly, as well as through distributors to food manufacturers and foodservice customers. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Sparks, Maryland.

10,000 Employees
Last Reported Date: 01/29/14
Founded in 1889

mccormick & co-non vtg shrs (MKC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.0M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $493.5K
Chief Administrative Officer and President of...
Total Annual Compensation: $518.6K
Vice President, General Counsel, Secretary an...
Total Annual Compensation: $441.8K
Compensation as of Fiscal Year 2013.

mccormick & co-non vtg shrs (MKC) Key Developments

McCormick & Company, Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended August 31, 2014; Revised Earnings Guidance for Fiscal 2014

McCormick & Company, Incorporated reported earnings results for the third quarter and nine months ended August 31, 2014. The company reported net sales of $1,042.8 million, operating income of $157.3 million, income before income taxes of $145.2 million, net income of $122.9 million or $0.94 per diluted share against net sales of $1,016.4 million, operating income of $148.4 million, income before income taxes of $134.7 million, net income of $104.4 million or $0.78 per diluted share a year ago. Earnings per share rose 21% to $0.94 from $0.78 in the year-ago period primarily due to higher operating income and a favorable tax rate. For the nine months, the company reported net sales of $3,069.6 million, operating income of $403.6 million, income before income taxes of $367.1 million, net income of $289.9 million or $2.21 per diluted share against net sales of $2,953.4 million, operating income of $376.4 million, income before income taxes of $336.7 million, net income of $259 million or $1.94 per diluted share a year ago. Net cash flow provided by operating activities was $275.8 million against $227.4 million a year ago. Capital expenditures were $78 million against $54 million a year ago. The company increased its 2014 guidance for adjusted earnings per share to a range of $3.30 to $3.37. The increase is primarily due to a lower tax rate projection of 27% for the current fiscal year. Excluded from this adjusted earnings per share range is $0.01 of special charges that were recorded in the third quarter of 2014. Excluding the impact of special charges in 2014, adjusted operating income is now expected to grow 4% to 5% from adjusted operating income of $591 million in 2013.

MKC Eyes Acquisitions

McCormick & Company, Incorporated (NYSE:MKC) is looking for acquisition opportunities. Alan Wilson, Chairman, President and Chief Executive Officer of MKC said, we are open and evaluate larger acquisitions. But the ones that we've had the most success with have been the tuck-in acquisitions that we know how to manage, largely in emerging markets, although we have some more developed market candidates, as well.

McCormick & Company, Incorporated Declares Quarterly Dividend, Payable October 27, 2014

The Board of Directors of McCormick & Company, Incorporated declared a quarterly dividend of $0.37 per share on its common stocks payable October 27, 2014, to shareholders of record on October 13, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MKC:US $68.37 USD +0.0935

MKC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Church & Dwight Co Inc $70.70 USD +0.15
International Flavors & Fragrances Inc $97.23 USD -0.48
Symrise AG €43.31 EUR +1.27
Clorox Co/The $98.87 USD -0.18
Hain Celestial Group Inc/The $102.68 USD +0.37
View Industry Companies
 

Industry Analysis

MKC

Industry Average

Valuation MKC Industry Range
Price/Earnings 21.4x
Price/Sales 2.1x
Price/Book 4.5x
Price/Cash Flow 19.0x
TEV/Sales 1.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MCCORMICK & CO-NON VTG SHRS, please visit www.mccormickcorporation.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.