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McCormick & Company, Incorporated Non-VTG CS (MKC)

Underlying price

$49.11

+0.80% today

Stock stats

Market cap
$13.0B
Previous close
$48.72
Open
$48.77
Day's range
$48.56 – $49.47
52-week range
$44.82 – $72.41
Volume
1.34M
Avg volume
2.77M
P/E ratio
8.09

About McCormick & Company, Incorporated Non-VTG CS

In its 135-plus-year history, McCormick has become the leading global manufacturer of spices, herbs, extracts, seasonings, and other flavorings. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula. This mix will be complemented by the pending addition of Unilever's food brands, primarily Knorr cooking aids and Hellmann's mayonnaise. After the deal close, the combined business is slated to generate 70% of sales from consumers and 30% from restaurants and other packaged food and beverage manufacturers. Around 40% of sales are slated to come from faster-growing emerging markets, with Europe (23%) and North America (36%) accounting for the remainder.

Ticker
MKC
Asset class
Equity
Tokenized by
0 issuers
Sector
Consumer Staples
Industry
Miscellaneous Food Preparations & Kindred Products
Employees
14,100