McCormick & Co Inc (BSP:M1KC34)
R$ 122.28 0 (0%) Market Cap: 131.26 Bil Enterprise Value: 158.61 Bil PE Ratio: 26.57 PB Ratio: 3.87 GF Score: 87/100
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Q2 2019 McCormick & Company Inc Earnings Call Transcript

Jun 27, 2019 / 12:00PM GMT
Kasey A. Jenkins
McCormick & Company, Incorporated - VP of IR

Good morning. This is Kasey Jenkins, Vice President of McCormick Investor Relations. Thank you for joining today's second quarter earnings call. To accompany this call, we posted a set of slides at ir.mccormick.com. (Operator Instructions) We'll begin with remarks from Lawrence Kurzius, Chairman, President and CEO; and Mike Smith, Executive Vice President and CFO.

During our remarks, we will refer to certain non-GAAP financial measures. These include information in constant currency as well as adjusted operating income, adjusted income tax rate and adjusted earnings per share that exclude the impact of special charges and, for 2018, transaction and integration expenses related to the acquisition of our Frank's and French's brands as well as the net nonrecurring income tax benefit associated with the December 2017 U.S. tax reform legislation. 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, which includes

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