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Benzinga
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FORGOTTEN HISTORY: Mccormick co earnings perspective return on capital employed - The Untold Story

McCormick & Co MKC NYSE

According to Benzinga Pro data McCormick & Co (NYSE:MKC) posted a 7.06% decrease in earnings from Q3. Sales, however, increased by 11.68% over the previous quarter to $1.73 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest McCormick & Co is not utilizing their capital as effectively as possible. McCormick & Co reached earnings of $212.40 million and sales of $1.55 billion in Q3.

What Is ROCE?

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