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McCormick & Company director Freeman A. Hrabowski sells 17 October 2017

NEWS BITES - PEOPLE IN BUSINESS

McCormick & Company (NYSE:MKC) Director Freeman A. Hrabowski sold 3,000 shares worth $US296,050 on October 13. The selling price was $US98.68.

HTTP link to original article

https://www.sec.gov/Archives/edgar/data/63754/000131459817000076/xslF345X03/edgar.xml

Freeman A. Hrabowski (Reported Selling; trailing 12 months)
MonthNo. of SharesPrice, USDValue, USD
October 17, 20173,00098.68296,050
Oct '162,00094.15188,309
Total5,00096.87484,359

Original news release

Source: SEC

SECTION 1 BIOGRAPHY FREEMAN A. HRABOWSKI, DIRECTOR

Dr. Hrabowski's qualifications include (i) strategic leadership at a large, complex, organization, (ii) governmental experience, and (iii) consumer marketing experience. Dr. Hrabowski has served as the President of the University of Maryland, Baltimore County (UMBC) since 1992, and his strategic leadership of that organization has been widely recognized. In 2008, he was named one of America's Best Leaders by U.S. News & World Report, which in each of the last six years has ranked UMBC the number one "Up and Coming" university in the nation. In 2009, Time Magazine named him one of America's 10 Best College Presidents, and, in 2012, named him as one of the "100 Most Influential People in the World." His career has been devoted to education and to helping students become future leaders in science, technology, and engineering, with a special emphasis on minority and underrepresented groups. In this regard, he was named by President Obama to chair the newly created President's Advisory Commission on Educational Excellence for African-Americans. Dr. Hrabowski's governmental experience includes working closely with the National Institutes of Health, the National Academy of Sciences, the National Science Foundation, and the U.S. Department of Education, as well as various agencies of the State of Maryland. Dr. Hrabowski is also a nationally recognized expert on marketing and recruitment in higher education, and works extensively with colleges and universities around the nation on such matters.

SECTION 2 MCCORMICK & COMPANY, INCORPORATED PRICE PERFORMANCE SCORECARD (NYSE:MKC):

+ McCormick & Company, Incorporated is placed 1,676/2,553 in the BSS News Bites ranking of price performance of NYSE stocks in the past year, a percentile ranking of 34.

2.1 MCap History:

In the past 5 years Market Capitalization has increased by $US11.1 billion from $US751.1 million to $US11.9 billion. Based on a dynamic start date of 5 years ago, there has been only 1 decline in MCap over the last 5 years.

PriceMCap (US$ B)
Last$US99.1311.9
1 Year ago$US93.9611.9
2 Years ago$US82.141
3 Years ago$US66.810.8
4 Years ago$US64.560.8
5 Years ago$US58.950.8

2.2 Moving Annual Return (Trailing 12 months):

Based on a dynamic start date of 5 years ago, the Moving Annual Return has consistently exceeded 2.0%.

MKCCloseDividendsCapital Gain %% YieldAnnual Return %
Last Traded Oct 16$US99.13$US2.315.52.58.1
1 Year ago$US93.85$US1.6914.12.116.2
2 Years ago$US82.25$US1.17251.826.7
3 Years ago$US65.83$US1.480.62.32.9
4 Years ago$US65.42$US1.3610.32.312.6

Close 5 years ago $US59.30.

2.3 Present Value of $US1000 invested in the past

The present value of $US1000 invested a year ago is $US1,075

PV$10001-week1-month1-year
MKC.NYSE1,0241,0071,075
S&P 500 Index1,0051,0241,199

2.4 Trailing Price Change %

1-Year price change for McCormick & Company was 5.5%. Compared with the S&P 500 Index which rose 19.9% in the year, the relative price change was -14.4%.

Price Change %1-Month3-Month1-Year
MKC0.71.55.5
Food products sector-1.1-0.7-3.5
S&P 500 Index2.34.019.9

SECTION 3 MCCORMICK & COMPANY, INCORPORATED FINANCIALS AND GROWTH PERFORMANCE SCORECARD (NYSE:MKC):

3.1 Key Financials (All figures percent)

EPS Growth has improved from -4.3% in 2013 to 18.6% in 2016, Return on Equity has improved from 18.8% in 2013 to 26.8% in 2016, Operating Margin has improved from 13.4% in 2013 to 14.6% in 2016 and Revenue Growth has improved from 2.7% in 2013 to 2.8% in 2016.

MKCRevenue GrowthEPS GrowthOperating MarginROE
20162.818.614.626.8
20151.3-6.912.821.8
20142.914.814.222.6
20132.7-4.313.418.8

3.2 Growth

5-years average annualized earnings growth rate of 5.8%

+ Revenue growth rate is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

YearRevenue GrowthEPS Growth
Nov 162.818.6
Nov 151.3-6.9

3.4 Performance (All figures in %)

Net Profit Margin 10-year average is 9.0% and Return on Equity 10-year average is 22.1%.

DescriptionAnnual10-year Avg
EBITDA Margin14.615.8
Operating Profit Margin14.613.9
Net Profit Margin9.99.0
Return on Equity26.822.1
Return on Assets9.48.6
Return on Capital Employed20.118.4

3.5 High Performance Indicators:

DescriptionValueRank In NYSE Market
Turnover in Quarter$US7.6 billionIn Top Quartile
Return on Capital Employed [ROCE] %20.1In Top Quartile
Return on Assets [ROA] %9.4In Top Quartile
Price Change %0.6In Top Quartile

SECTION 4 MCCORMICK & COMPANY, INCORPORATED MARKET POSITION AND GLOBAL RANK (NYSE:MKC):

4.1 Market Position

McCormick & Company, Incorporated (NYSE:MKC), NYSE's 14th largest Food Products company by market cap, increased $US5.17 (or 5.5%) in the trailing 12 months to October 16, 2017 to close at $US99.13. Compared with the S&P 500 Index which has risen 19.9% over the same period, this is a relative price change of -14.4%. Average daily volume of 851,529 shares in the trailing year was 1.2 times average daily volume in the previous year. In the trailing 12 months the market cap has declined $US36.2 million.

4.2 Global Rank

Rank in the S&P 500 Index [out of 500 stocks]

DescriptionValueRank
MCap (US$)11.9B371
Total Assets (US$)4.6B441
Revenue (US$)4.4B369
Net Profit (US$)472.3M344
Return on Equity %26.8100
Net Profit Margin %9.9239
Price Earnings26.9290
Yield %2.3155
PV$1000 (1Year) US$1,075344
% Change YTD6.2295

SECTION 5 OTHER DIRECTORS OF MCCORMICK & COMPANY, INCORPORATED

Lawrence Kurzius, Chief Executive Officer & President & Chief Operating Officer & Chief Administrative Officer

Mike Smith, Chief Financial Officer & Executive Vice President

Jacques Tapiero, Director

Gary Rodkin, Director

Michael D. Mangan, Director

Michael Conway, Director

Freeman A. Hrabowski, Director

Margaret M. V. Preston, Director

Alan D. Wilson, Director

Nneka Rimmer, Director

Patricia Little, Director

Maritza G. Montiel, Director

J. Michael Fitzpatrick, Director

Brendan Foley, Director

Jeffery D. Schwartz, Company Secretary & Vice President

SECTION 6 MCCORMICK & COMPANY, INCORPORATED ACTIVITIES

McCormick & Company, Incorporated (McCormick) is a diversified specialty food company and manufactures, markets and distributes flavor products, including spices, herbs, extracts, seasonings and flavorings, and other specialty food products to the entire food industry. The Company's major sales, distribution and production facilities are located in North America and Europe. Additional facilities are located in Central America, Australia, China, Singapore, Thailand and South Africa. The Company operates in two business segments: consumer and industrial. In February 2008, the Company acquired Billy Bee Honey Products Ltd. On July 31, 2008, the Company completed its previously announced purchase from Conopco, Inc., an indirect subsidiary of Unilever N.V.

SECTION 7 RECENT NEWS ON DIRECTORS

7.1 SHAREHOLDER VALUE ADDED BY DIRECTORS

24 September 2017

Jacques Tapiero starts sixth year as McCormick & Company Director

Jacques Tapiero was appointed Director of McCormick & Company (NYSE:MKC) five years ago on September 24, 2012. The shares were up from US$60.3 to US$96.1 and the total annualized return to shareholders (TRS) since appointment is 12%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth US$1,761, a gain of US$592 and dividend reinvested of US$169.

23 September 2017

Margaret M. V. Preston brings three bagger value to McCormick & Company

Margaret M. V. Preston was appointed Director of McCormick & Company (NYSE:MKC) fourteen years ago on September 23, 2003. The present value of USD1,000 (PV1000) invested on the appointment date is $US3,522, for a capital gain of $US2,128 and dividend reinvested of $US394.

7.2 RECENT REPORTED BUYING

04 May 2017

McCormick & Company director Maritza G. Montiel buys

McCormick & Company (NYSE:MKC) Director Maritza G. Montiel bought 2,500 shares worth $US249,050 on May 03. The purchase price was $US99.62.

7.3 RECENT REPORTED SELLING

02 October 2017

McCormick & Company chief financial officer, chief financial officer-north america, executive vice president and senior vice president finance-capital markets Mike Smith sells

McCormick & Company (NYSE:MKC) Chief Financial Officer, Chief Financial Officer-North America, Executive Vice President and Senior Vice President Finance-Capital Markets Mike Smith sold 5,500 shares worth $US564,325 on September 29. The selling price was $US102.60. The shares hit a five-month high on the day.

Source: www.BuySellSignals.com