McCormick Earnings Preview: Will Growth Accelerate in 2020?
Investors grew cautious about McCormick (NYSE: MKC) stock last year, and that conservatism caused shares to underperform the broader market throughout 2019. The spice and flavorings giant ended the year with higher optimism than it started, though, as its operating trends improved.
While McCormick's financial metrics look strong, its growth picture has been mixed. The good news is that investors will get more clarity regarding the pace of its expansion when it reports fiscal fourth-quarter results on Jan. 28. CEO Lawrence Kurzius and his team will likely issue important guidance for the new fiscal year, too.
Let's consider what investors can expect to hear from the company.
Source Fool.com
