McCormick & Co Inc (FRA:MCX)
€ 72.44 -0.38 (-0.52%) Market Cap: 19.23 Bil Enterprise Value: 23.29 Bil PE Ratio: 26.64 PB Ratio: 3.88 GF Score: 85/100

McCormick & Company Inc at Barclays Global Consumer Staples Conference Transcript

Sep 08, 2021 / 06:00PM GMT
Release Date Price: €73.2 (-1.64%)
Andrew Lazar
Barclays Bank PLC, Research Division - MD & Senior Research Analyst

Good afternoon, everyone. I'd like to welcome McCormick & Company back to our Global Consumer Staples Conference today. With us this afternoon for our virtual fireside chat are Chairman, President and CEO, Lawrence Kurzius; and Executive Vice President and CFO, Mike Smith. Thanks very much to you both for spending some time with us here today. We appreciate it very much.

Lawrence E. Kurzius
McCormick & Company, Incorporated - Chairman, President & CEO

Thank you, Andrew. It's our pleasure to be here with you.

Questions & Answers

Andrew Lazar
Barclays Bank PLC, Research Division - MD & Senior Research Analyst

Outstanding. Perhaps maybe we kick it off with an interesting sort of dynamic, right, that we've been seeing play out across the food industry. At a time when sales have remained elevated, margins are being compressed. Many companies are certainly acknowledging inflation is running higher than sort of

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