78.18
price down icon0.72%   -0.57
 
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なぜMccormick Co Inc(MKC)の株価が下がっていますか?

2023-10-03:

McCormick & Company (MKC) dropped by 8.46% from $74.72 to $68.40 in the trading on Tuesday October 3, 2023. The reasons why stock MKCis down today includes:

  • Worse-than-expected Q3 results: In Q3, McCormick's net sales were actually up 6% year over year to nearly $1.7 billion. However, China had greater restrictions last year than this year because of COVID-19. But sales didn't bounce back as much as expected.
  • Profitability: McCormick's Q3 operating income was up 4% from the same quarter last year. Considering net sales grew faster than operating income, inflation is clearly eating into the company's bottom line a little, which sent MKC stock down today.
packaged_foods HRL
$30.74
price down icon 0.58%
packaged_foods K
$80.60
price down icon 0.01%
packaged_foods CAG
$28.77
price down icon 0.69%
packaged_foods CPB
$46.38
price up icon 0.11%
packaged_foods PPC
$51.25
price up icon 2.15%
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