McCormick & Company will report its 2nd quarter earnings on June 27, 2012. The company is involved in the distribution, marketing, and manufacturing of flavors as well as other specialty food items for the food industry all over the world. It functions in 2 parts, Industrial and Consumer.
McCormick & Company is presently trading roughly $57.39 and has got a market capitalization of $7.69 billion. During last 52 weeks it fluctuated in the range of $42.59 to $59.24. The important financial ratios for the company are:
Return On Equity (ROE): 22.94%
Return On Assets (ROA): 9.25%
Profit Margin: 9.15%
Forward P/E: 17.27
P/E: 20.89
PEG: 2.43
Current Ratio: 1.24
On March 28, 2012, Directors of McCormick & Company announced quarterly dividend of $0.31 for each share.
On April 16, 2012, Constellation Energy and McCormick & Company declared that McCormick’s distribution center in Belcamp, Md., is now producing more electricity than it consumes.
On May 14, 2012, the company appointed Michael R. Smith as Vice President Finance and Chief Financial Officer for Europe, Middle East and Africa.
Main rivals for McCormick & Company are Tyson Foods Inc., H.J. Heinz Company and Campbell Soup Co.
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