McCormick Is Targeting Another Record Sales Year
We might be at the start of a fundamental shift toward more at-home eating, and McCormick (NYSE: MKC) is ready to capitalize on the trend. The spice and flavorings giant just reported strong sales results to kick off its new fiscal year. Better yet, there are tantalizing reasons to expect robust investor returns ahead even as the pandemic threat fades.
In a recent earnings call, CEO Lawrence Kurzius and his team told Wall Street analysts why McCormick is expecting faster sales growth in 2021.
Let's look at a few highlights from that chat, with an eye toward whether McCormick is a good buy for investors today.
Source Fool.com
