McCormick & Co Inc (WBO:MKC)
€ 72.8 0.44 (0.61%) Market Cap: 19.23 Bil Enterprise Value: 23.29 Bil PE Ratio: 26.80 PB Ratio: 3.90 GF Score: 81/100

McCormick & Company Inc at Consumer Analyst Group of New York Conference Transcript

Feb 18, 2020 / 09:00PM GMT
Release Date Price: €152.84 (-0.78%)
Andrew Lazar
Barclays Bank PLC, Research Division - MD & Senior Research Analyst

So our next presenter is McCormick, and please join me in thanking McCormick for hosting the snack break tomorrow morning. McCormick continues to benefit from strong underlying category growth in its core spices and seasonings segment. Has recently also been growing much more closely in line with category growth, given solid innovation, marketing spend and a more granular approach to pricing.

So too has the company been accelerating the RB Foods growth by extending into the foodservice and international arenas with the brands. Last, McCormick continues to show both growth and margin progress in its flavor solutions segment.

I'm now happy to turn it over to CEO, Lawrence Kurzius, to take us through the plans moving forward in more detail. Thanks for being here, Lawrence, over to you.

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

Great. Thank you, Andrew, for the opportunity to participate in the 2020 CAGNY

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