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McCormick & Firm (MKC) Q3 2024 Earnings: Key financials and quarterly highlights | AlphaStreet

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McCormick & Firm, Inc. (NYSE: MKC) reported third quarter 2024 earnings outcomes immediately.

Web gross sales remained flat at $1.68 billion in comparison with the identical interval a yr in the past.

Web revenue rose to $223.1 million, or $0.83 per share, from $170.1 million, or $0.63 per share, final yr. Adjusted EPS was $0.83.

Income and earnings beat expectations sending the inventory climbing over 2% in premarket hours on Tuesday.

In fiscal yr 2024, McCormick expects gross sales to vary between down 1% to up 1% in comparison with 2023. GAAP EPS is anticipated to be $2.81-2.86 whereas adjusted EPS is anticipated to be $2.85-2.90.

Prior efficiency

McCormick Q2 2024 Earnings Infographic

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