McCormick Heats Up Consumer Sales in Q2

Here's our initial take on McCormick's (NYSE: MKC) fiscal 2025 second-quarter results.Spice, flavorings, and seasonings giant McCormick -- and also the company behind Frank's Red Hot and Cholula hot sauces -- continues to navigate a challenging market, and positioning itself to better manage increased tariffs and the potential implications for consumers, with a second quarter that wasn't amazing, but also showed some positive signs.Overall net revenue was up about 1% year over year, but unlike in prior quarters, it wasn't the company's flavor solutions segment that was doing the heavy lifting. That segment was actually weaker, with revenue down 1%. Realized prices were up 1%, but volume was down 1%, and foreign exchange knocked another 1% off the revenue top line. Things were better in the consumer segment, which is larger and more profitable. Revenue was up 3%, driven by 3% growth in organic sales, along with solid volumes and product mix.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool