McCormick & Company Inc at Barclays Global Consumer Staples Conference (Virtual) Transcript

Sep 08, 2020 / 08:00PM GMT
Andrew Lazar - Barclays Bank PLC, Research Division - MD & Senior Research Analyst

Good afternoon, everyone. I'd like to welcome McCormick & Company back to our Global Staples Conference today. With us this afternoon for our virtual fireside chat, our Chairman, President and CEO, Lawrence Kurzius; and EVP and CFO, Mike Smith. Thanks very much to you both for spending some time with us here today. I'm sorry we're not doing this in person, of course, but we're thrilled to have you with us today.

I was hoping we could maybe start off our discussion today, Lawrence, maybe a bit more broadly with the state of McCormick's business globally. The company is unique, right, not only with its split of business between food at home and food away from home, but also from a geographic standpoint, with approximately 30% of the company's sales occurring outside the Americas.

That said, you've had a front-row view to this pandemic from the start in China. And I was hoping you could give us an update on what you're seeing now from a regional and segment perspective. And maybe how the response --

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot