Sep 08, 2021 / 06:00PM GMT
Andrew Lazar - Barclays Bank PLC, Research Division - MD & Senior Research Analyst
Good afternoon, everyone. I'd like to welcome McCormick & Company back to our Global Consumer Staples Conference today. With us this afternoon for our virtual fireside chat are Chairman, President and CEO, Lawrence Kurzius; and Executive Vice President and CFO, Mike Smith. Thanks very much to you both for spending some time with us here today. We appreciate it very much.
Lawrence E. Kurzius - McCormick & Company, Incorporated - Chairman, President & CEO
Thank you, Andrew. It's our pleasure to be here with you.
Questions and Answers:
Andrew Lazar - Barclays Bank PLC, Research Division - MD & Senior Research AnalystOutstanding. Perhaps maybe we kick it off with an interesting sort of dynamic, right, that we've been seeing play out across the food industry. At a time when sales have remained elevated, margins are being compressed. Many companies are certainly acknowledging inflation is running higher than sort of