Jim Cramer: What McCormick Tells Us About the Reopening
McCormick (MKC) posted earnings that beat expectations on Tuesday, March 30.
"We are capitalizing on accelerating consumer trends, particularly the sustained shift to cooking more at home, increased digital engagement, clean and flavorful eating, and trusted brands, which we are confident will continue to persist even beyond the pandemic," CEO Lawrence Kurzius said in a statement.
The consumer-segment performance "continued to reflect the sustained consumer preference for cooking more at home, with double-digit organic-sales growth in all regions," added Kurzius.