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Why McCormick’s Sales and Earnings Are Soaring

Adrian Stevens
Why McCormick’s Sales and Earnings Are Soaring

McCormick (MKC) has continued to report strong sales growth thanks to stellar sales by acquired brands. In the last two quarters, McCormick’s top line has increased 21.5% and 18.5%, respectively, as shown in the graph below. Meanwhile, analysts expect McCormick to report ~18% growth in its upcoming fiscal second-quarter results, set to be released June 28.