McCormick trims profit outlook on cost pressures, tariffs
McCormick & Co. has trimmed its profit outlook amid “rising commodity costs and incremental tariffs”. While the spices, seasonings and…
McCormick & Co.
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McCormick buys majority of Herdez JV in Mexico
McCormick & Co. is to pay $750m to become the majority shareholder in the US group’s venture in Mexico with…
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ACCC proposes soft plastics recycling scheme featuring Nestlé, Mars
The Australian Competition and Consumer Commission (ACCC) has proposed a new industry-led scheme to collect and recycle soft plastic packaging…
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The heat could soon be on for indulgent spicy products
The indulgence of heat may sound like a Gabriel Garcia Marquez novel but it is rather the idea that spice…
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McCormick takes “prudent” stance on outlook as China weakness persists
McCormick & Co. has set out below-consensus guidance as prolonged weakness in China weighs on the low-end of the organic…
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McCormick ‘in talks to buy sauces peer Sauer Brands’
US sauces and spices heavyweight McCormick & Co. is said to be in talks to buy local peer Sauer Brands.…
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McCormick leans toward negative pricing to bolster consumer-facing volumes
McCormick & Co. indicated pricing will remain negative for its consumer-facing division through the rest of the year after marking…
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Branded US food volume share still losing ground to private label – report
Branded consumer foods in the US continue to lose volume ground to private label as price gaps with retailers’ own-label…
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McCormick to “double innovation” in volume recovery efforts
US spices and sauces major McCormick & Co. is to continue to invest in innovation in its efforts to drive…
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Battle wages on US food volume recovery with holding ground key line of defence
Reluctant to cut prices with inflation proving sticky to some observers, US packaged food manufacturers are delving into their war…
