Why McCormick Just Lowered This Key Outlook Metric

·3 min read
Why McCormick Just Lowered This Key Outlook Metric

The demand for spices and flavorings has never been higher, both with consumers and at restaurant chains. McCormick's (NYSE: MKC) dominant market position is helping it benefit from that positive trend. Rather than rising about 6% as expected, McCormick's sales fell 1% overall.

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