Business● LowOct 1 · Oct 1, 2026, 5:02 PM
McCormick outlines $1.5B-$2B debt paydown plan within 2 years while targeting 100-120 bps gross margin expansion in 2026
GlobeAlert Desk · curated from Seeking Alpha Tech · North America
McCormick has outlined a plan to pay down $1.5 billion to $2 billion in debt within two years. The company also aims to expand its gross margin by 100-120 basis points by 2026.
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