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Marketing helps drive McCormick’s Q3 performance | Strategy Online

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Posted in October
By Christopher Lombardo

McCormick attributed strong sales in Q3 to, among other things, the strength of its brands and the “power of its marketing.” Operating income for the parent of Club House, Frank’s RedHot and French’s was $245 million USD in quarter ending Aug. 31, compared to $235 million USD in the year-ago period, while sales increased 6%. In the Americas, sales in flavor solutions – the company’s food service and enterprise division – rose 11.3% year-over-year, while sales for other consumer segment rose 1.4%.

http://strategyonline.ca/2023/10/03/marketing-helps-drive-mccormicks-q3-performance/
 

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