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McCormick misses the mark at year end as supply chain problems, inflation persist

January 27, 2023

A confluence of supply chain issues, continued Covid-19 disruptions and inflation took a toll on McCormick & Co. Inc. at year end as the Hunt Valley spice and seasonings manufacturer maker struggled to get its products to customers and missed financial targets. After a strong third quarter, McCormick (NYSE:MKC) reported Thursday that it ended the year with decreases in sales and profits.

Article Source: Baltimore Business Journal

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