McCormick Earnings Call: 3 Takeaways
Despite the pandemic waning, the cooking-at-home boom is far from over. McCormick (NYSE: MKC) recently announced strong second-quarter earnings results while lifting a few of its fiscal year targets.
The spice and flavorings giant is getting a persistent lift from consumer interest in self-prepared meals even as its restaurant customers are enjoying rebounding demand. Those trends are paving the way for another great financial year for the owner of brands like French's mustard and Cholula hot sauce.
In a call with Wall Street analysts last week, CEO Lawrence Kurzius and his team broke down the factors that they see driving record sales in 2021. Let's look at a few takeaways from McCormick's earnings call presentation.
Source Fool.com
