McCormick & Company, Incorporated (NYSE:MKC) Q4 2024 Earnings Conference Call January 23, 2025 8:00 AM ET
Company Participants
Faten Freiha – Vice President, Investor Relations
Brendan Foley – Chairman, President and Chief Executive Officer
Marcos Gabriel – Executive Vice President and Chief Financial Officer
Conference Call Participants
Andrew Lazar – Barclays
Peter Galbo – Bank of America
Alexia Howard – Bernstein
Robert Moskow – TD Cowen
Robert Dickerson – Jefferies
Kenneth Goldman – JPMorgan
Max Gumport – BNP Paribas
Stephen Powers – Deutsche Bank
Thomas Palmer – Citi
Faten Freiha
Good morning. This is Faten Freiha, VP of Investor Relations. Thank you for joining today’s Fourth Quarter Earnings Call. To accompany this call, we posted a set of slides on our IR website, ir.mccormick.com.
With me this morning are Brendan Foley, Chairman, President and CEO; and Marcos Gabriel, Executive Vice President and CFO. During this call, we will refer to certain non-GAAP financial measures. The nature of those non-GAAP financial measures and the related reconciliations to the GAAP results are included in this morning’s press release and slides.
In our comments, certain percentages are rounded. Please refer to our presentation for complete information. Today’s presentation contains projections and other forward-looking statements. Actual results could differ materially from those projected.
The company undertakes no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or other factors. Please refer to our forward-looking statement on Slide 2 for more information.
Lastly, I’d like to call out that we made changes to our release and slides to streamline and enhance our communication. And these changes are in alignment with investor and analyst feedback.
In terms of metrics, to simplify, we are adopting the organic sales measure, which is defined as the impact of volume and mix plus price and excludes
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