MKC-V NYSE

McCormick & Company, founded in 1889 and headquartered in Hunt Valley, Maryland, is a leading entity in the food industry, specializing in the production, marketing, and distribution of spices, seasoning blends, condiments, and a diverse range of other culinary flavorings. The company's operations are divided into two main segments: Consumer and Flavor Solutions. The Consumer segment provides individual consumers with an extensive selection of spices, herbs, seasonings, sauces, condiments, and desserts. This division boasts a wide array of globally recognized brands, including McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY throughout the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné across Europe, the Middle East, and Africa; McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. Additionally, it features popular regional and ethnic brands such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and supplies products under private labels. Its distribution network encompasses a broad spectrum of retailers, such as grocery, mass merchandise, warehouse clubs, discount, drug, and e-commerce stores, reaching customers both directly and through wholesale distributors. The Flavor Solutions segment, in contrast, caters to business clients, supplying multinational food manufacturers and foodservice providers. Its offerings include bespoke seasoning blends, spices, herbs, condiments, advanced coating systems, and intricate compound flavors. This segment delivers its products to foodservice customers directly or through various distributors.