While flavor and spice giant McCormick & Company plans to raise prices again in the coming quarters to offset inflation and broad-based supply chain issues, executives warn their benefit to the company’s bottom line will be delayed – temporarily squeezing...
Spice maker McCormick & Co.’s shares fell 3.2% yesterday despite beating third-quarter profit estimates and posting a “remarkable” 8% sales increase in the period over strong results for the same time last year when pantry-stocking caused consumer...