BUZZ-McCormick rises after quarterly results beat
McCormick & Company, Incorporated
McCormick & Company, Incorporated MKC | 0.00 |
** Shares of Cholula hot sauce maker McCormick MKC.N rise 3% to $49.03 premarket
** Co beat Q2 sales and profit estimates on strong demand for its spices and seasonings, as consumers chose to cook more at home amid economic uncertainty
** MKC logs Q2 adjusted EPS of 80 cents vs analysts' average estimate of 69 cents - data compiled by LSEG
** Reports Q2 sales of $1.94 billion vs estimates of $1.91 billion
** Co reaffirms annual profit and sales forecast
** As of last close, stock down 30% YTD
