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Why Is Food Company McCormick Stock Trading Lower Today?

Summary

McCormick reported lower-than-expected first-quarter FY25 earnings, with sales rising just 0.2% to $1.60 billion, missing analyst expectations. Despite a 1% increase in Flavor Solutions segment sales, McCormick's adjusted EPS of $0.60 fell short of the $0.64 consensus.

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Article published on March 25, 2025 by benzinga