财务数据和关键指标变化 - 公司第四季度销售额下降2%,其中汇率因素不利影响4%,剔除汇率因素销售额增长2%,在公司预期范围内但低于预期 [8] - 公司第四季度调整营业利润下降10%,调整每股收益下降13%,低于预期 [11] - 公司预计2023年销售额增长5%-7%,调整营业利润增长9%-11%,调整每股收益增长1%-3% [62][70] 各条业务线数据和关键指标变化 - 消费者业务第四季度销售额下降4%,主要受到厨房宝贝剥离、退出印度和俄罗斯业务以及中国疫情影响 [44][45][46] - 调料解决方案业务第四季度销售额增长14%,全年增长12%,各地区均有强劲增长 [34][35][36] 各个市场数据和关键指标变化 - 美洲地区消费者业务第四季度销售额下降4%,主要受到去年同期高基数和零售库存下降影响 [45] - 欧洲、中东和非洲地区消费者业务第四季度销售额增长2% [46] - 亚太地区消费者业务第四季度销售额下降22%,主要受到中国疫情和退出印度业务影响 [46] - 各地区调料解决方案业务均保持强劲增长 [34][35][36] 公司战略和发展方向及行业竞争 - 公司保持专注于长期目标、战略和价值,在疫情等动荡时期保持了行业领先的财务表现 [41][42] - 公司将继续专注于满足消费者对美味、健康和信任品牌的需求,利用公司广泛的全球调料组合实现差异化增长 [40] - 公司在调料行业保持领先地位,有信心在2023年及以后实现可持续盈利增长 [72][73] 管理层对经营环境和未来前景的评论 - 管理层认为2022年是充满挑战和波动的一年,但公司在消费者需求、调料解决方案需求、供应链稳定性和成本结构优化方面取得了进展 [7] - 管理层对2023年及以后的前景保持信心,认为公司有能力应对宏观经济挑战,实现销售和利润的增长 [72][73] - 管理层表示将专注于提高利润实现率,通过成本优化和价格调整等措施来应对成本压力 [13][14][38][39] 问答环节重要的提问和回答 问题1 **Andrew Lazar 提问** 询问公司2023年调整营业利润增长9%-11%的指引是否过于乐观 [78] **Lawrence Kurzius 回答** 公司认为该指引是平衡和谨慎的,有信心实现,主要基于消费者需求强劲和成本优化措施 [79][80][81] 问题2 **Ken Goldman 提问** 询问公司2023年销售增长是否主要来自价格上涨,销量是否会保持正增长 [86][87] **Lawrence Kurzius 回答** 公司预计2023年总体销量基本持平,但各地区和业务线表现会有差异,其中中国业务有望恢复,调料解决方案业务有望保持较高增长 [88][89] 问题3 **Robert Moskow 提问** 询问公司对消费者业务和调料解决方案业务2023年销量预期 [96][97] **Lawrence Kurzius 回答** 公司预计调料解决方案业务2023年销量增长会高于消费者业务,主要受益于定价提升 [97][98]

4th QUARTER 2022 Financial Results and Outlook McCORMICK & COMPANY, INC. JANUARY 26, 2023 FORWARD-LOOKING INFORMATION These and other forward-looking statements are based on management's current views and assumptions and involve risks and uncertainties that could significantly affect expected results. Results may be materially affected by factors such as: the company's ability to drive revenue growth; the company's ability to increase pricing to offset, or partially offset, inflationary pressures on the cos ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14920 McCORMICK & COMPANY, INCORPORATED (Exact name of registrant as specified in its charter) Maryland 52-0408290 (State or other ju ...

McCormick & Company, Incorporated (NYSE:MKC) Q3 2022 Earnings Conference Call October 6, 2022 8:00 AM ET Company Participants Kasey Jenkins - Chief Strategy Officer and SVP of IR Lawrence Kurzius - Chairman and CEO Mike Smith - EVP and CFO Brendan Foley - President and COO Conference Call Participants Ken Goldman - JPMorgan Robert Moskow - Credit Suisse Steve Powers - Deutsche Bank Chris Growe - Stifel Andrew Lazar - Barclays Adam Samuelson - Goldman Sachs Peter Galbo - Bank of America Kasey Jenkins Good mo ...

2ND QUARTER 2022 Financial Results and Outlook McCORMICK & COMPANY, INC. JUNE 29, 2022 The following slides accompany a June 29th, 2022, earnings release conference call. This information should be read in conjunction with the press release issued on that date. 2 FORWARD-LOOKING INFORMATION Certain information contained in this release, including statements concerning expected performance, such as those relating to net sales, gross margin, earnings, cost savings, transaction and integration expenses, specia ...

McCormick & Company, Incorporated (NYSE:MKC) Q2 2022 Earnings Conference Call June 29, 2022 8:00 AM ET Company Participants Kasey Jenkins - Chief Strategy Officer & Senior Vice President of Investor Relations Lawrence Kurzius - Chairman, President and CEO Mike Smith - Executive Vice President and CFO Brendan Foley - President & Chief Operating Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Steve Powers - Deutsche Bank Robert Moskow - Credit Suisse Alexia Howard - Bernste ...

1 ST QUARTER 2022 Financial Results and Outlook McCORMICK & COMPANY, INC. MARCH 29, 2022 The following slides accompany a March 29th, 2022, earnings release conference call. This information should be read in conjunction with the press release issued on that date. FORWARD-LOOKING INFORMATION Certain information contained in this release, including statements concerning expected performance, such as those relating to net sales, gross margin, earnings, cost savings, transaction and integration expenses, speci ...

McCormick & Company, Incorporated (NYSE:MKC) Q1 2022 Results Conference Call March 29, 2022 8:00 AM ET Company Participants Kasey Jenkins - Senior Vice President, Corporate Strategy and IR Lawrence Kurzius - Chairman, President and CEO Mike Smith - Executive Vice President and CFO Conference Call Participants Andrew Lazar - Barclays Alexia Howard - Bernstein Robert Moskow - Credit Suisse Adam Samuelson - Goldman Sachs Steve Powers - Deutsche Bank Chris Growe - Stifel Peter Galbo - Bank of America Kasey Jenk ...

| --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | McCormick & Company, Inc. 4TH QUARTER 2021 FINANCIAL RESULTS AND 2022 OUTLOOK | | | | | January 27, 2022 The following slides accompany a January 27th, 2022, earnings release conference call. This information should | | | | | | | | | | | | | | FORWARD-LOOKING INFORMATION Certain information contained in thi ...

McCormick & Company, Incorporated (NYSE:MKC) Q4 2021 Earnings Conference Call January 27, 2022 8:00 AM ET Company Participants Kasey Jenkins - Senior Vice President, Corporate Strategy and IR Lawrence Kurzius - Chairman, President and CEO Mike Smith - Executive Vice President and CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Robert Moskow - Credit Suisse Adam Samuelson - Goldman Sachs Chris Growe - Stifel Peter Galbo - Bank of America Rob Dickerson - Jefferies Kasey Jenkins ...