Jun. 26 at 3:11 PM
$MKC Q2: Top line miss, bottom line beat — what's happening? 📉📈
Adjusted EPS of 69 cents beat the Zacks Consensus Estimate of 65 cents, thanks to strong operating income, but sales fell short at
$1,659.5M vs.
$1,663M estimate. Expect continued impact from currency fluctuations and strategic investments in FY 2025.
Full breakdown here 👉 https://www.zacks.com/commentary/2554998/mccormick-q2-earnings-beat-estimates-organic-sales-grow?cid=sm-stocktwits-2-2554998-body-222&ADID=SYND_STOCKTWITS_TWEET_2_2554998_BODY_222