This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

McCormick & Co. Management Discusses Q2 2012 Results - Earnings Call Transcript

McCormick & Co. (MKC)

Q2 2012 Earnings Call

June 27, 2012 8:00 am ET

Executives

Joyce L. Brooks - Vice President of Investor Relations and Member of Investment Committee

Alan D. Wilson - Chairman, Chief Executive Officer and President

Gordon M. Stetz - Director and Chairman of Investment Committee

Analysts

Kenneth Goldman - JP Morgan Chase & Co, Research Division

Thilo Wrede - Jefferies & Company, Inc., Research Division

Gretchen Guo

Akshay S. Jagdale - KeyBanc Capital Markets Inc., Research Division

Christopher Growe - Stifel, Nicolaus & Co., Inc., Research Division

Eric R. Katzman - Deutsche Bank AG, Research Division

Robert Moskow - Crédit Suisse AG, Research Division

Ann H. Gurkin - Davenport & Company, LLC, Research Division

Mitchell B. Pinheiro - Janney Montgomery Scott LLC, Research Division

Andrew Lazar - Barclays Capital, Research Division

Presentation

Joyce L. Brooks

Good morning. This is Joyce Brooks, McCormick's Vice President of Investor Relations. Thank you for joining today's call to review the company's second quarter financial results and 2012 outlook.

We have posted a set of slides to accompany today's call at our website, ir.mccormick.com. [Operator Instructions] As a reminder, the conference is being recorded.

With me on today's call are Al Wilson, Chairman, President and CEO; and Gordon Stetz, Executive Vice President and CFO. Mike Smith, formerly Vice President, Treasury and Investor Relations, who participated in our past 2 calls, recently accepted the role of CFO of our EMEA region and is in the process of relocating to U.K. Our remarks this morning will be brief so that we have time for your questions and can start to wrap up around 8:50 a.m., allowing time for those who plan to join the General Mills call at 9 a.m.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,656.61 +60.26 0.34%
S&P 500 2,065.64 +8.00 0.39%
NASDAQ 4,992.13 +33.6620 0.68%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs