Argus
•
Jun 27, 2025
McCormick & Company, Incorporated: Maintaining HOLD on prospects for modest earnings growth
Sector(s)
Consumer Defensive
Summary
McCormick & Company manufactures and markets spices, seasonings, mixes, and condiments for the consumer, industrial, and foodservice markets. In August 2017, the company purchased Reckitt Benckiser's RB Foods division for $4.2 billion, acquiring brands such as French's Mustard, Frank's
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Analyst Profile
John D. Staszak, CFA
Securities Analyst: Consumer Discretionary & Consumer Staples
John's specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as an analyst and consultant for firms including Standard & Poor's, the Bank of New York, Harris Nesbitt Gerard and Merrill Lynch. John is a CFA charterholder. Forbes magazine named John as the second-best stock picker among restaurant analysts in 2006. He was also ranked the second-best analyst covering the restaurant sector by the Wall Street Journal in 2007, a year in which a Financial Times/StarMine survey also ranked John that same way. In 2008, the Journal again listed John as an award winner, with a third-best designation among hotel industry analysts and a fifth-best designation among restaurant analysts.
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