McCormick & (MKC) Revenue — Quarter Ended Nov 30, 2024
McCormick reported higher revenue in the latest quarter, supported by its global flavor leadership and broad product portfolio. The company's performance reflects steady demand across its consumer and flavor solutions segments.
Key takeaway
Quarter ended Nov 30, 2024 · FY2024 Q4
McCormick reported higher revenue in the latest quarter, supported by its global flavor leadership and broad product portfolio. The company's performance reflects steady demand across its consumer and flavor solutions segments.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+7.0%
Change from the immediately preceding quarter.
Year-over-year
+2.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 29, 2024 | $1.6B | +2.4% |
| May 31, 2024 | $1.6B | -1.0% |
| Aug 31, 2024 | $1.7B | -0.3% |
| Nov 30, 2024 | $1.8B | +2.6% |
Revenue performance
Revenue rose compared to the prior quarter, following a period of slower growth earlier in the fiscal year. The improvement was driven by continued demand across retail, food manufacturing, and foodservice channels.
Quarterly comparison
Compared to the same quarter last year, revenue also increased, reversing the mixed year-over-year trends seen earlier in the fiscal year. The sequential gain indicates stronger momentum as the fiscal year ended.
What to watch
The company's growth strategies and cost management remain key focus areas amid highly competitive and heavily regulated global markets.