McCormick & Co Inc (NYSE:MKC)
$ 76.15 0.81 (1.08%) Market Cap: 20.44 Bil Enterprise Value: 24.72 Bil PE Ratio: 29.06 PB Ratio: 3.91 GF Score: 87/100
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McCormick & Company Inc at Barclays Global Consumer Staples Conference Transcript

Sep 04, 2019 / 05:30PM GMT
Release Date Price: $82.59 (+0.65%)
Andrew Lazar
Barclays Bank PLC, Research Division - MD & Senior Research Analyst

All right, if we could just find our seats, we'll kick off our next presentation. We are very pleased to yet again be hosting McCormick at our Global Consumer Staples Conference. The time when organic growth remains increasingly sought after across the industry, McCormick continues to produce at peer-leading levels. The company has continued to work to close the share gap across its core spice and seasonings business and has driven improved trends on Frank's RedHot and French's mustard through category management, strong brand marketing investments, distribution gains and innovation. At the same time, McCormick is also migrating its flavor solutions portfolio to higher margin, value-added products.

With that in mind, we're happy to welcome here today President and CEO, Lawrence Kurzius; and Executive Vice President and CFO, Mike Smith. One reminder, McCormick will not host a breakout session today as the company is in its quiet period.

With that, I will turn it over to you, Lawrence. Thanks for being

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