Showing posts with label Sparks MD. Show all posts
Showing posts with label Sparks MD. Show all posts

Monday, July 9, 2007

McCormick and Co.

McCormick and Co. is among the world’s largest Packaged Foods and Meats sector businesses in the world.  McCormick and Co.’s employees generate $232.0M in profits on $2.807B of revenue.  Global output in the Packaged Foods and Meats business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but McCormick and Co. is determined to remain a market leader.  Sectoral leadership in the Packaged Foods and Meats segment takes dedication and consistency, but management seeks out-sized growth.

McCormick and Co.’s ticker symbol MKC has recently been trading near $38.18 a share.  The McCormick and Co. corporate headquarters in Sparks MD predicts Packaged Foods and Meats profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $4.969B ensures sufficient liquidity.  With a beta of 0.61, the company is less volatile than the market as a whole.  When the average equity moves lower, McCormick and Co. moves less aggressively.