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MKC Sep 2024 50.000 put
- Yahoo Finance Video
Salesforce meeting, Nike earnings, pres. debate: What to watch
Salesforce (CRM) will hold its annual shareholders meeting on Thursday. The meeting's agenda includes electing new board members. Multiple earnings reports will be released for companies including Nike (NKE), McCormick (MKC), and Walgreens (WBA). The US Department of Labor will issue initial jobless claims data for the week of June 22. Current estimates place the figure at 235,000 versus May's 238,000 claims. The first 2024 presidential debate between Joe Biden and Donald Trump will occur on CNN at 9 p.m. EST. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
- Zacks
McCormick (MKC) Q2 Earnings Top Estimates, Volumes Down
McCormick's (MKC) second-quarter earnings reflect gains from strong brands and a focus on high-growth areas. However, lower volumes acted as a deterrent.
- Barrons.com
McCormick Stock Is Top S&P 500 Performer After Earnings
Shares of McCormick were rising after the seasonings and flavorings maker easily beat quarterly estimates for earnings and sales. The stock rose 5.8% to $71.58 on Thursday and was on track for its largest gain since March 26, when it rose 11%, according to Dow Jones Market Data. For its second quarter ended May 31, McCormick reported adjusted earnings of 69 cents a share, beating Wall Street’s call for 59 cents, according to FactSet.
