McCormick & Firm, Included (MKC) This fall 2024 Earnings Name Transcript

McCormick & Agency, Included (NYSE:MKC) This fall 2024 Earnings Conference Identify January 23, 2025 8:00 AM ET

Agency People

Faten Freiha – Vice President, Investor Relations
Brendan Foley – Chairman, President and Chief Govt Officer
Marcos Gabriel – Govt Vice President and Chief Financial Officer

Conference Identify People

Andrew Lazar – Barclays
Peter Galbo – Monetary establishment of America
Alexia Howard – Bernstein
Robert Moskow – TD Cowen
Robert Dickerson – Jefferies
Kenneth Goldman – JPMorgan
Max Gumport – BNP Paribas
Stephen Powers – Deutsche Monetary establishment
Thomas Palmer – Citi

Faten Freiha

Good morning. That’s Faten Freiha, VP of Investor Relations. Thanks for changing into a member of as we converse’s Fourth Quarter Earnings Identify. To accompany this identify, we posted a set of slides on our IR web page, ir.mccormick.com.

With me this morning are Brendan Foley, Chairman, President and CEO; and Marcos Gabriel, Govt Vice President and CFO. All through this identify, we’ll seek the advice of with certain non-GAAP financial measures. The character of those non-GAAP financial measures and the related reconciliations to the GAAP outcomes are included on this morning’s press launch and slides.

In our suggestions, certain percentages are rounded. Please seek the advice of with our presentation for full knowledge. Instantly’s presentation accommodates projections and totally different forward-looking statements. Exact outcomes may differ materially from these projected.

The company undertakes no obligation to exchange or revise publicly any forward-looking statements, whether or not or not attributable to new knowledge, future events or totally different elements. Please seek the advice of with our forward-looking assertion on Slide 2 for additional knowledge.

Lastly, I’d want to identify out that we made changes to our launch and slides to streamline and enhance our communication. And these changes are in alignment with investor and analyst solutions.

In the case of metrics, to simplify, we’re adopting the pure product sales measure, which is printed as a result of the affect of amount and mix plus value and excludes