04 October 2021
With third quarter sales up 8.3%, McCormick continues to benefit from shoppers eating and cooking more at home. However, the business is seeing headwinds in the form of higher costs and product availability, with the issues expected to persist into 2022.
Growth levers
The company’s growth was driven by its flavor olutions segment, up 20.8%, compared to growth of 1.2% within its consumer seg...