Another low growth quarter for McCormick. Although volume is back it has come at the cost of pricing. I am happy to believe EPS is depressed but paying over 25x P/E NTM is too demanding in my view here.
Anything I am missing with this name?
Another low growth quarter for McCormick. Although volume is back it has come at the cost of pricing. I am happy to believe EPS is depressed but paying over 25x P/E NTM is too demanding in my view here.
Anything I am missing with this name?