McCormick Exceeds Profit Expectations and Plans to Manage Tariff Costs

Reported about 6 hours ago

McCormick has reported earnings that surpassed analyst predictions, driven by an increase in volume and product mix across its global markets. The company affirmed its full-year outlook, stating that it has strategies in place to offset the rising costs associated with tariffs, while also expecting a revenue increase. Following the announcement, McCormick's shares rose by 5%, reflecting positive investor sentiment.

Source: YAHOO

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