McCormick & Co Inc Registered Shs Non Vtg
MKC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$68.00 | Tddg | Ztdrvbxv |
McCormick Continues to Wage Against Unrelenting Inflation and Supply Chain Angst, but Edge Persists
After McCormick’s Sept. 7 preannouncement, we think the impact of raging supply chain disruptions and rising costs was broadly understood, but less so how the firm intends to combat the onslaught of challenges. In our view, McCormick seems to be prudently pursuing a multipronged approach to ensure its competitive prowess proves unwavering.