McCormick & Company Pre-Announces Q3 Results & Cuts Guidance
<p><a href='https://financialmodelingprep.com/financial-summary/MKC'>McCormick & Company, Incorporated (NYSE:MKC)</a> pre-announced softer Q3/22 results and cut its full 2022-year guidance.</p>
<p>Revenue is expected to grow approximately 3% year-over-year in Q3. In constant currency, the increase is expected to be around 6% driven by growth in both the Consumer and Flavor Solutions segments. </p>
<p>Given growing signs of changing consumer behaviors and deteriorating demand across several categories in response to high prices, analysts at Deutsche Bank expect fundamental skepticism/caution across CPG will likely continue to build over the coming months.</p>

NYSE:MKC