McCormick & Co. (MKC) Sector
Consumer Staples

(Current) $78.05
0.91 (1.18%) Open Price: 77.52

 

McCormick & Company is a global leader in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavoring products. The company was founded in 1889 by Willoughby M. McCormick in Baltimore, Maryland, United States. It started as a small spice mill and has grown into a multinational corporation with a strong presence in the food industry.

 

McCormick & Company is listed on the New York Stock Exchange (NYSE) under the ticker symbol "MKC." It is also a component of the S&P 500 index, reflecting its significance in the market. The company has a global presence and operates in more than 150 countries, serving both consumer and industrial customers worldwide.

 

McCormick & Company operates in two main segments: Consumer and Flavor Solutions. The Consumer segment offers a wide range of products that are sold directly to consumers through various retail channels, including supermarkets, convenience stores, and e-commerce platforms. These products include spices, herbs, extracts, sauces, marinades, and salad dressings.

 

The Flavor Solutions segment caters to the food industry, including restaurants, food manufacturers, and foodservice businesses. It provides custom flavor solutions, seasonings, and other value-added products to enhance the taste and quality of food products. This segment also offers technical and culinary support to its customers.

 

The company has consistently focused on developing new flavors and products to meet evolving consumer preferences. It has a strong portfolio of trusted brands, including McCormick, Old Bay, Lawry's, and French's, which are recognized globally for their high quality and superior taste.

 

McCormick offers a wide variety of herbs, spices, seasonings, and blends that are used by consumers and chefs around the world to enhance the flavors of their dishes. The brand's popularity and reputation for quality have made it a trusted name in kitchens for over a century. McCormick's commitment to sourcing high-quality ingredients and its dedication to flavor innovation have contributed to its success in becoming a household name in the spice and seasoning industry.

 



 

(12/04/24) $77.52
(12/05/24) $77.14
(12/05/24) (Qty.)614,748
(12/04/24) $76.96
(12/04/24) $77.76
(11/17/24) $73.78
(11/24/24) $78.82
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