McCormick Earnings: 3 Things to Watch
Investors aren't sure what to expect from McCormick (NYSE: MKC) when it posts its fiscal second-quarter results in a few days. The spice and flavorings giant announced mixed growth metrics back in late March as the COVID-19 pandemic lifted some parts of its business while depressing others.
Management pulled its 2020 outlook at the time, citing unusual volatility in key markets like the U.S. and China. On the other hand, McCormick said that demand might continue soaring as consumers stocked up on at-home eating supplies.
In its report due out on Thursday, June 25, we'll find out which growth scenario is playing out for the packaged foods specialist as it enters the second half of its fiscal year. Let's take a closer look.
Source Fool.com
