McCormick & Co.

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McCormick ups EPS forecast but trims sales guidance

1 Oct 2019

US spices and condiments group McCormick & Co. has made changes to its full-year financial forecasts on some key metrics.

McCormick & Co. teams up with IBM in AI-enabled product development

4 Feb 2019

Spices and sauces maker McCormick & Co. is teaming up with technology giant IBM in artificial intelligence-enabled product development.

McCormick & Co. issues pledge on plastics

30 Oct 2018

Spices and sauces giant McCormick & Co. has announced a commitment on the plastic the company uses in the packaging of its products.

Food products at heart of Canada's retaliatory tariffs

2 Jul 2018

Canada has introduced tariffs on a large number of US exports - including many food products - in response to President Trump's decision to tax Canadian steel and aluminium entering the US.

ThinkKids' protein bar range; Grupo Bimbo rolls out organic bread in US; McCormick broadens Schwartz stable; Danone adds 15 new products to Cow & Gate baby food portfolio

15 Jun 2018

just-food publishes the most notable product development from the international food sector, presented in bitesize format to give you a flavour of the innovation from your peers and competitors announced this week.

Earnings summary - Nestle lowers annual sales figures in earnings restatement; JBS FY profits more than double even as sales falter; 2017 a mixed bag for Vion; Avangardco sales hit by bird flu but annual loss narrows

29 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

CAGNY 2018 - Tyson Foods' Tajin spice range; PepsiCo Red Rock Deli crisps; Campbell V8 and premium soups; JM Smucker launches Jif Power Ups

26 Feb 2018

A number of food companies have taken the opportunity to highlight new product development (NPD) at the important Consumer Analyst Group of New York (CAGNY) investor conference in Boca Raton in the US. Here we round up the most eye-catching initiatives.

Danone launches Alpro yogurts in France; Unilever unveils low-sugar Talenti ice cream in US; Nestle reveals Thomy brand vegan hollandaise

9 Feb 2018

just-food publishes the most notable product development from the international food sector, presented in bitesize format to give you a flavour of the innovation from your peers and competitors announced this week.

Earnings summary - Dairy Crest 9M sales up; Huegli weighed down by German sales; Greencore sales surge; J&J Snack Foods Q1 profits rise

31 Jan 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

McCormick's 2017 results and 2018 outlook - six things to learn

30 Jan 2018

Andy Coyne gauges reaction to US flavourings business McCormick's full year results and looks at its future growth prospects. Here are five things he learned.

Food businesses face French legal action over 'undeclared nanoparticles'

24 Jan 2018

Mars and McCormick & Co. are among the food groups potentially facing court action in France over allegations of undeclared nanoparticles in their products.

McCormick latest to launch organic food push in France

18 Oct 2017

McCormick & Co. has stepped up its presence in France’s organic category.

My/Mo Mochi Ice Cream brings in former McCormick & Co. man Craig Berger as new CEO

14 Sep 2017

Niche ice cream firm My/Mo Mochi has appointed former McCormick & Co and  Fuji Food Products executive Craig Berger as chief executive officer.

McCormick hot on Reckitt sauces deal despite fiery multiple

21 Jul 2017

McCormick & Co. this week emerged as the buyer of Reckitt Benckiser's food assets, which include French's mustard and Frank's RedHot sauce. The brands look a good fit with McCormick's own basket of sauces and spices but the US group has paid what appears to be a rich multiple for the assets and its shares cooled on Wednesday when the deal was announced. Can McCormick extract value? Dean Best reports.

McCormick to buy Reckitt Benckiser food arm

19 Jul 2017

McCormick & Co. has struck a deal to buy Reckitt Benckiser's food division in a transaction valuing the French's and Frank's RedHot sauces business at US$4.2bn.

McCormick revises earnings forecast on cost of drive for scale

29 Jun 2017

McCormick & Co. today (29 June) revised its forecasts for annual operating income and earnings per share as the US spices and sauces group takes on the cost of implementing a programme designed to help it become a bigger business.

McCormick to launch "global" lines in India

9 Jun 2017

US spices and sauces maker McCormick & Co. has confirmed plans to launch "global" products in India by the end of the year.

McCormick to own 100% of India JV Kohinoor after settling rice dispute

25 Apr 2017

McCormick & Co. is to become the sole owner in its Indian joint venture Kohinoor Speciality Foods India after settling a dispute with its partner in the business, the local food group Kohinoor Foods Ltd.

McCormick to enter breakfast category with Good Morning line

12 Apr 2017

US spices and sauces maker McCormick & Co. has unveiled plans to enter the breakfast category later this year.

McCormick mum on potential interest in Reckitt Benckiser condiments

6 Apr 2017

US spices and sauces maker McCormick & Co, has declined to say whether it could be in the market to acquire the food arm of UK consumer goods group Reckitt Benckiser.

Which companies could be eyeing up Reckitt Benckiser's condiments? - analysis

5 Apr 2017

Reckitt Benckiser, the UK consumer goods group behind brands including Durex condoms and Flash bleach (and, soon, Enfamil infant formula) looks set to sell off its food division. The company this week announced it would hold a "strategic review" on the "non-core" unit, which contains brands including French's mustard and Frank's Red Hot sauce. If RB parts company with the unit, a move analysts regard as a consequence of the group's focus on "consumer health", which companies may be interested in its condiments? John Shepherd looks at which suitors could be keen as mustard - and why.

Q1 sales, profits up but McCormick cuts EPS forecast

28 Mar 2017

McCormick & Co. today (28 March) booked higher first-quarter sales and profits but cut its forecast for annual earnings per share, with the US spice and sauces maker increasing the level of "special charges" it expects to book this year.

McCormick & Co. hails "record" 2016

25 Jan 2017

McCormick & Co. today (25 January) reported a set of "record" annual results, a year in which the US spice and sauces maker said it hit "each of our key financial targets".

McCormick US NPD inspired by "world" flavours 

20 Jan 2017

Spice maker McCormick & Co. is rolling out a raft of new products in the US that, the company said, are inspired by "flavours from around the world". 

McCormick CEO Lawrence Kurzius succeeds Alan Wilson as chairman

1 Dec 2016

US spice group McCormick & Co. has revealed executive chairman Alan Wilson will stand down at the end of January, when CEO Lawrence Kurzius will step in to chair the board. 

McCormick to buy Italian flavours business Enrico Giotti

29 Nov 2016

US spices and seasonings group McCormick & Co. said today (29 November) it is to acquire Italian flavours business Enrico Giotti.

McCormick starts arbitration in UK over India rice row

6 Oct 2016

McCormick & Co.'s dispute over a rice venture in India has moved to arbitration proceedings in the UK.

McCormick ups earnings forecast after "strong" Q3

30 Sep 2016

McCormick & Co., the US spices and seasonings group, today (30 September) raised its forecast for its annual earnings after a "strong" third quarter, with sales up on both sides of the business.

McCormick earnings rise on higher productivity and sales 

30 Jun 2016

US spice maker McCormick & Co. booked higher first-half profits today (30 June) on the back of improved gross margins and higher sales. 

What potential does Myanmar offer food exporters?

6 Jun 2016

With tourism supporting growing demand for branded foods in Myanmar, the growing market offers international food makers a growth opportunity. However, the country - which has infrastructure and regulatory challenges - can also be difficult to navigate. just-food spoke to industry experts on the ground to find out more.

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