KITCHENER, Ontario--(BUSINESS WIRE)--Communitech announced today the appointment of Sheldon McCormick as its new CEO, effective April 14. McCormick is a seasoned entrepreneur and leader with extensive experience in scaling businesses, raising capital and navigating markets. With a strong founder-first mindset, he's set to build on Communitech's mission to support tech leaders and their teams, a...
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HUNT VALLEY, Md. , March 26, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable April 21, 2025 to shareholders of record April 7, 2025.
McCormick & Company, Incorporated is recommended for long-term dividend growth investing due to its stable, slow growth and robust demand for its seasoning and spice lines. Fiscal Q1 sales rose 0.6% year-over-year, driven by strong volumes, with notable growth in APAC and mixed results in other regions. Despite a slight decline in EPS and operating income, the company maintains a positive outlo...
McCormick & Company, Incorporated (NYSE:MKC ) Q1 2025 Earnings Conference Call March 25, 2025 8:00 AM ET Company Participants Faten Freiha - VP, IR Brendan Foley - Chairman, President & CEO Marcos Gabriel - EVP & CFO Conference Call Participants Andrew Lazar - Barclays Peter Galbo - Bank of America Alexia Howard - Bernstein Ken Goldman - JPMorgan Robert Moskow - TD Cowen Max Gumport - BNP Parib...
Spice and seasonings specialist McCormick (MKC 0.21%) reported fiscal 2025 first-quarter earnings on Tuesday, March 25, that fell just short of analysts' consensus expectations. Earnings per share (EPS) of $0.60 missed the expected $0.64 while revenue for the quarter was $1.605 billion, just below the expected $1.611 billion.
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.
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