Hunt Valley, Maryland-based McCormick & Company, Incorporated (MKC) is a leading manufacturer, marketer and distributor of spices, seasonings, specialty foods and flavors to the food industry. With a market cap of $20.2 billion, McCormick’s operations span over 150+ countries and territories across the globe and its iconic brands command leading share positions in many of these markets.
The flavors giant has lagged behind the broader market over the past year. McCormick stock prices have gained 10.1% in 2024 and 13.5% over the past year lagging behind the S&P 500 Index’s ($SPX) surge of 24.1% in 2024 and 31.1% over the past 52 weeks.
