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MKC-V| Name | Value |
|---|---|
| Revenues | 1,659.2M |
| Cost of Revenue | 1,043.7M |
| Gross Profit | 615.5M |
| Operating Expense | 380.5M |
| Operating I/L | 221.8M |
| Other Income/Expense | -39.7M |
| Interest Income | 52.2M |
| Pretax | 182.1M |
| Income Tax Expense | 40.3M |
| Net Income/Loss | 152.1M |
McCormick & Company, Incorporated is a leading manufacturer, marketer, and distributor of spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments: Consumer and Flavor Solutions. The Consumer segment offers a wide range of spices, herbs, seasonings, condiments, and sauces under various well-known brands, catering to retail and e-commerce channels. The Flavor Solutions segment provides seasoning blends, spices, herbs, condiments, and compound flavors to multinational food manufacturers and foodservice customers. McCormick generates revenue by selling its products to retailers, foodservice customers, and through private label partnerships.
