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McCormick & Company, Incorporated (MKC)

NYSE - NYSE Delayed Price. Currency in USD
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93.95+1.30 (+1.40%)
At close: 4:00PM EST
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  • J
    João
    Is it just me or Yahoo Finance did not update user portfolio data to reflect MKC stock split?
  • D
    DanH
    I saw someone inquire in a reply about the French's purchase and what products it entailed. They bought out the "RB Foods" group from Reckitt and Benckiser, which is an Anglo-Dutch group (like Unilever) that has/had consumer product goods, food, cleaners, etc. This group included all of French's (mustard, ketchup, the onion toppers, etc)., all of Frank's Red Hot (sauces, mixes, etc.), and Cattleman's barbecue sauces. It is a significant suite of products and brand names that has considerably increased the size of McCormick's revenues, profits, margins, distribution channels, and overall consumer market and mind share.

    They have some nice slides in their investor relations publications that show the suite of products acquired, as well as the new product offerings that they have already designed for release (and those which are on their way).
  • D
    DanH
    Excellent acquisition target!! Not only does this give them more market share in the space (and more mind share of the consumer), it also gives them: a new platform for flavor expansion/integration with other product offerings, and increased purchasing power for their input ingredients to keep cost of goods sold in check. This gives then increased buying power for peppers, vinegar, and glass bottles from their suppliers.

    Very, very curious to see what their next target might be going forward. They now have multiple product offerings in the bbq sauce space (Cattleman's and Stubbs), multiple hot sauce offerings, plus ketchup and mustard on top of their existing spice/herb/pepper offerings.

    Mizkan Group would be an incredible acquisition target, and likely something on the scale and breadth of the Reckitt acquisition-- vinegars, cooking wines, pasta sauces and more. All things that provide recognized flavor brands, the potential for both consumer and commercial sales, the ability to lever purchasing power for input ingredients, and more methods of cross-pollinating product lines and delivering new flavor profiles.
  • S
    Stockguru
    It will correct some. They always do after a split. Patience and then add more
  • P
    Peter
    My friends and i are sick of cooking, and cleaning up the mess. We can't wait for restaurants to open their dining rooms. Don't buy the headlines that people will stay home to eat once Covid is under control.
  • S
    Samuel
    The more the restaurants open, the better for mkc business, I suspect. I wonder, however, what the net change will be during this winter due to (a) more restaurant openings (maybe), but (b) colder weather that will keep more people from dining out?
  • j
    julie
    Tomorrow we get 2-1🙌🙌🙌
  • J
    JAKE
    When is the stock split or did i miss it?
  • b
    basam
    what is the split date?
  • L
    LA
    Headed for $150 folks as stay at home stocks will now head into a bear market
  • S
    Stockguru
    Acting horrendous the last 2 weeks. Now below when they announced stock split.
  • S
    Stockguru
    Again down!!
  • B
    BullFight-2020
    TSLA went up 100%
    AAPL went up 40%
    Before splits
    MKC could go 20-30% easy
    Gl
  • S
    Samuel
    This company, guided by its stable leadership team, keeps on delivering and delivering. It is a great example of what focus, effort and intelligence can accomplish.
    Congratulations from a very satisfied and experienced shareholder.
  • S
    Stockguru
    Likes like even $189 is a good entry point. Wouldn’t surprise me if we went green today. Great earnings.
  • S
    Stockguru
    Guess it was sell on the news. I will look to add on weakness.
  • L
    Loan Producer
    this is a buy for the split
  • D
    Damanti
    I started following "awesomestokcalerts" (Gooogle it - off course without any space or dash in between the words) and their notifications are better than anyone else.
  • j
    jimmy
    It’s like COST. Open lower after earnings report. Then a day later, shoot up 10 dollars. If it does not get to 195 today. Hold on long, it will be $200!by Friday.
  • W
    W Michael
    How does earning report look for MKC...good ?? Will they beat and whats the best way to tell based on the balance sheet ??