secwatch.observer — SEC 8-K summary
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Issuer:     MCCORMICK & CO INC (MKC)
CIK:        0000063754
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0000063754-24-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McCormick Q1 EPS $0.63 adjusted (+7% YoY); sales +3%; reaffirms FY2024 outlook
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- Sales $1.60B (+3% YoY); adjusted operating income $238M (+5%).
- GAAP EPS $0.62 vs $0.52; adjusted EPS $0.63 vs $0.59, +7% YoY.
- Consumer segment sales +1%, Flavor Solutions +4% (constant currency).
- FY2024 outlook reaffirmed: adj. EPS $2.80-$2.85 (constant currency growth 5%-7%).
- Cash from ops $138M vs $103M in prior year period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63754/000006375424000030/0000063754-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63754/000006375424000030/mkc-20240326.htm
  HTML page:      https://secwatch.observer/filing/0000063754-24-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer