McCormick & Co Inc - Company Profile
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McCormick & Co Inc (McCormick) is a provider of seasonings and spices. It carries out the production, marketing, selling, and distribution of spices, seasoning mixes, condiments and other flavoring products . The company offers its products to grocery stores, warehouse clubs, mass merchandise stores, discount and drug stores, and e-commerce retailers. It also markets seasoning blends, coating systems, and compound flavors. McCormick markets products under the McCormick, French’s, Frank’s RedHot, Zatarain's, Kohinoor, Simply Asia and Thai Kitchen brand names, among others. The company has a business presence across the Americas, Europe, the Middle East and Africa, and Asia-Pacific. McCormick is headquartered in Hunt Valley, Maryland, the US.
Headquarters
United States of America
Address
24 Schilling Road, Hunt Valley, Maryland, 21031
Website
www.mccormick.com
Telephone
1 410 7717301
No of Employees
13,800
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
MKC (NYSE)
Revenue (2022)
$6.7B
4.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-0.2%
(2022 vs 2021)
Market Cap*
$19.3B
Net Profit Margin (2022)
XYZ
-4.8%
(2022 vs 2021)
* As of and is in US$
McCormick & Co Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Herbs | Aeroplane |
| Spices | Billy Bee |
| Recipe Mixes | Brand Aromatics |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company in partnership with Black Tap Craft Burgers & Beer launched Tamarind-infused menu items. |
| 2023 | New Products/Services | In November, the company launched limited-edition collection of holiday-themed doughnut bites. |
| 2023 | New Products/Services | In May, Cholula launched three flavors of salsa, original, salsa verde and smoky chipotle. |
Competitor Comparison
| Key Parameters | McCormick & Co Inc | The Kraft Heinz Co | Conagra Brands Inc | Hormel Foods Corp | Campbell Soup Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Hunt Valley | Pittsburgh | Chicago | Austin | Camden |
| State/Province | Maryland | Pennsylvania | Illinois | Minnesota | New Jersey |
| No. of Employees | 13,800 | 36,000 | 18,600 | 20,000 | 14,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lawrence E. Kurzius | Chairman | Executive Board | 2022 | 63 |
| Brendan M. Foley | President; Chief Executive Officer | Senior Management | 2023 | - |
| Michael R. Smith | Chief Financial Officer; Executive Vice President | Senior Management | 2016 | 58 |
| Malcolm Swift | President - Global Flavor Solutions, EMEA; Chief Administrative Officer | Senior Management | 2020 | 62 |
| Sarah Piper | Chief Human Relations Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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