<p>女士们，先生们，让我告诉你们一件事：味好美公司（MKC）在投资界一直是一个热门话题，原因很简单。这家香料巨头在市场波动和经济挑战面前展现了显著的韧性和增长。但这是否是一个明智的投资呢？让我们深入探讨一下！</p>
<p>首先，我们来谈谈数字。味好美的股票经历了一场过山车般的波动，但这场波动是值得的。在 2023 年 10 月，由于市场评论不佳，股票下跌了 16%。但问题是：股票当时的交易价格约为每股 68 美元，低于疫情前大约 85 美元的水平。这一下跌为投资者提供了一个以潜在低估价格买入的绝佳机会。</p>
<p><img src="https://imageproxy.pbkrs.com/https://lh-prod-oper-pub-opercenter.s3.amazonaws.com/discovery-image/compress-1a6ac9facf020001.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://lh-prod-oper-pub-opercenter.s3.amazonaws.com/discovery-image/compress-1a6ac9facf020001.png"/></p>
<p>现在，让我们谈谈公司的财务表现。尽管市场波动，味好美的股票仍展现出韧性和增长。例如，在 2023 年 10 月 1 日，股票年初至今上涨了 23%，表现优于标准普尔 500 指数。这一表现表明，味好美能够交付超出预期的销售和收益，这对投资者来说是一个积极的信号。在 2024 年第四季度，销售额较去年同期增长了 3%，主要得益于销量的增加。每股收益为 0.80 美元，而 2023 年为 0.81 美元。调整后的每股收益为 0.80 美元，而 2023 年为 0.85 美元。2024 财年的销售额较前一年增长了 1%，货币影响微乎其微。销售增长主要得益于价格和销量的提升。每股收益为 2.92 美元，而 2023 年为 2.52 美元。调整后的每股收益为 2.95 美元，而 2023 年为 2.70 美元。2024 财年的经营现金流为 9.22 亿美元，而 2023 年为 12 亿美元。11 月，董事会批准将季度股息提高 7%，这标志着连续第 39 年增加股息。</p>
<p>但这不仅仅是数字的问题。味好美强大的品牌影响力和战略投资使其能够有效应对市场挑战。公司在布伦丹·福雷的领导下，出色地解释了当前形势并有效管理业务。福雷的言论强调了公司在核心类别上的优先投资，以加强销量趋势，扩大运营利润率，并推动长期盈利增长。</p>
<p>现在，让我们谈谈市场状况。美国政府债券收益率达到多年高点，对整体市场，特别是味好美的股票构成了逆风。但问题是：这种市场状况为投资者提供了一个以潜在低估价格买入的机会。味好美的股票交易接近十年来的估值，这表明该股票相对于其历史表现和未来增长潜力被低估。</p>
<p>那么，味好美是否是一个明智的投资呢？答案是肯定的！尽管面临中国经济复苏慢于预期等挑战，味好美展现了韧性，并持续交付强劲的收益增长。公司强劲的收益增长、持续的股息增加以及在市场挑战面前的韧性，使其成为寻求稳定和增长的投资者的一个有吸引力的选择。</p>
<p>总之，味好美的股票表现和市场估值与同一行业的其他公司相比，支持了其投资潜力的评估。公司强劲的收益增长、持续的股息增加以及在市场挑战面前的韧性，使其成为寻求稳定和增长的投资者的一个有吸引力的选择。因此，不要错过这个投资于一家正在为投资界增添风味的公司的机会！</p>

味好美-Non-Voting

<p>麦考密克公司（McCormick & Company，股票代码：MKC）在投资界一直是一个关注的焦点，尽管市场波动，但仍展现出韧性。在 2023 年 10 月股价下跌 16% 后，目前股价约为 68 美元，低于疫情前水平，提供了一个买入机会。该公司报告显示，年初至今股价上涨 23%，2024 年第四季度销售额增长 3%，每股收益为 0.80 美元。7% 的股息增长标志着连续 39 年的增长。尽管面临挑战，麦考密克强大的品牌和战略投资表明，对于寻求稳定和增长的投资者来说，它仍然是一个明智的投资选择</p>

<p>Ladies and gentlemen, let me tell you something: mccormick &amp; company, Incorporated (MKC) has been a hot topic in the investment world, and for good reason. This spice giant has shown remarkable resilience and growth, even in the face of market volatility and economic challenges. But was it a smart buy? Let's dive in and find out!</p>
<div class="lb-trans"><p>女士们，先生们，让我告诉你们一件事：味好美公司（MKC）在投资界一直是一个热门话题，原因很简单。这家香料巨头在市场波动和经济挑战面前展现了显著的韧性和增长。但这是否是一个明智的投资呢？让我们深入探讨一下！</p>
</div><p>First things first, let's talk about the numbers. McCormick's stock has been on a rollercoaster ride, but it's one that's worth the thrill. In October 2023, the stock dropped 16% due to uninspiring commentary in a large market. But here's the thing: the stock was trading around $68 per share, which was below its pre-Covid-pandemic levels of roughly $85 per share. This drop presented a golden opportunity for investors to buy at a potentially undervalued price.</p>
<div class="lb-trans"><p>首先，我们来谈谈数字。味好美的股票经历了一场过山车般的波动，但这场波动是值得的。在 2023 年 10 月，由于市场评论不佳，股票下跌了 16%。但问题是：股票当时的交易价格约为每股 68 美元，低于疫情前大约 85 美元的水平。这一下跌为投资者提供了一个以潜在低估价格买入的绝佳机会。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://lh-prod-oper-pub-opercenter.s3.amazonaws.com/discovery-image/compress-1a6ac9facf020001.png" alt="" original-src="https://lh-prod-oper-pub-opercenter.s3.amazonaws.com/discovery-image/compress-1a6ac9facf020001.png"/></p>
<p>Now, let's talk about the company's financial performance. McCormick's stock has shown resilience and growth despite market volatility. For instance, on October 1, 2023, the stock was up 23% year to date, outperforming the S&amp;P 500. This performance indicates that mccormick has been able to deliver better-than-expected sales and earnings, which is a positive sign for investors. In the fourth quarter of 2024, sales increased by 3% from the year-ago period, driven by volume. Earnings per share was $0.80 compared to $0.81 in 2023. Adjusted earnings per share was $0.80 compared to $0.85 in 2023. For fiscal year 2024, sales increased 1% from the prior year, with minimal impact from currency. The sales increase was driven by pricing and volume. Earnings per share of $2.92 compared to $2.52 in 2023. Adjusted earnings per share was $2.95 compared to $2.70 in 2023. Cash flow from operations was $922 million for fiscal year 2024 compared to $1.2 billion in 2023. In November, the Board authorized a 7% increase to the quarterly dividend, marking the 39th consecutive year of dividend increases.</p>
<div class="lb-trans"><p>现在，让我们谈谈公司的财务表现。尽管市场波动，味好美的股票仍展现出韧性和增长。例如，在 2023 年 10 月 1 日，股票年初至今上涨了 23%，表现优于标准普尔 500 指数。这一表现表明，味好美能够交付超出预期的销售和收益，这对投资者来说是一个积极的信号。在 2024 年第四季度，销售额较去年同期增长了 3%，主要得益于销量的增加。每股收益为 0.80 美元，而 2023 年为 0.81 美元。调整后的每股收益为 0.80 美元，而 2023 年为 0.85 美元。2024 财年的销售额较前一年增长了 1%，货币影响微乎其微。销售增长主要得益于价格和销量的提升。每股收益为 2.92 美元，而 2023 年为 2.52 美元。调整后的每股收益为 2.95 美元，而 2023 年为 2.70 美元。2024 财年的经营现金流为 9.22 亿美元，而 2023 年为 12 亿美元。11 月，董事会批准将季度股息提高 7%，这标志着连续第 39 年增加股息。</p>
</div><p>But it's not just about the numbers. McCormick's strong brand presence and strategic investments have enabled it to navigate market challenges effectively. The company's leadership, under Brendan Foley, has done a commendable job in explaining the situation and managing the business effectively. Foley's remarks highlight the company's prioritized investments in core categories to strengthen volume trends, expand operating margins, and drive long-term profitable growth.</p>
<div class="lb-trans"><p>但这不仅仅是数字的问题。味好美强大的品牌影响力和战略投资使其能够有效应对市场挑战。公司在布伦丹·福雷的领导下，出色地解释了当前形势并有效管理业务。福雷的言论强调了公司在核心类别上的优先投资，以加强销量趋势，扩大运营利润率，并推动长期盈利增长。</p>
</div><p>Now, let's talk about the market conditions. U.S. government bond yields reaching multiyear highs have been a headwind for the overall market and specifically for McCormick's stock. But here's the thing: this market condition presents an opportunity for investors to buy at a potentially undervalued price. McCormick's stock has been trading close to a once-in-a-decade valuation, which suggests that the stock is undervalued compared to its historical performance and potential for future growth.</p>
<div class="lb-trans"><p>现在，让我们谈谈市场状况。美国政府债券收益率达到多年高点，对整体市场，特别是味好美的股票构成了逆风。但问题是：这种市场状况为投资者提供了一个以潜在低估价格买入的机会。味好美的股票交易接近十年来的估值，这表明该股票相对于其历史表现和未来增长潜力被低估。</p>
</div><p>So, was McCormick a smart buy? The answer is a resounding YES! Despite facing challenges such as a slower-than-expected economic recovery in China, McCormick has shown resilience and continued to deliver robust earnings growth. The company's strong earnings growth, consistent dividend increases, and resilience in the face of market challenges make it an attractive option for investors seeking stability and growth.</p>
<div class="lb-trans"><p>那么，味好美是否是一个明智的投资呢？答案是肯定的！尽管面临中国经济复苏慢于预期等挑战，味好美展现了韧性，并持续交付强劲的收益增长。公司强劲的收益增长、持续的股息增加以及在市场挑战面前的韧性，使其成为寻求稳定和增长的投资者的一个有吸引力的选择。</p>
</div><p>In conclusion, McCormick's stock performance and market valuation compare favorably to other companies in the same sector, supporting the assessment of its investment potential. The company's strong earnings growth, consistent dividend increases, and resilience in the face of market challenges make it an attractive option for investors seeking stability and growth. So, don't miss out on this opportunity to invest in a company that's spicing up the investment world!</p>
<div class="lb-trans"><p>总之，味好美的股票表现和市场估值与同一行业的其他公司相比，支持了其投资潜力的评估。公司强劲的收益增长、持续的股息增加以及在市场挑战面前的韧性，使其成为寻求稳定和增长的投资者的一个有吸引力的选择。因此，不要错过这个投资于一家正在为投资界增添风味的公司的机会！</p>
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味好美（MKC）是一项明智的投资吗？