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Company News for Mar 29, 2023

Zacks Equity Research
·1-min read

  • Shares of McCormick & Company, Incorporated (MKC) soared 9.6% after the company reported first-quarter fiscal 2023 earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.49 per share.

  • PVH Corp.’s (PVH) shares surged 20% after the company reported fourth-quarter 2022 earnings of $2.38 per share, surpassing the Zacks Consensus Estimate of $1.64 per share.

  • Shares of Occidental Petroleum Corporation (OXY) jumped 4.3% after a regulatory filing revealed that Warren Buffett’s Berkshire Hathaway purchased another 3.7 billion shares of the company for $216 million on Mar 27 and Mar 24.

  • Netflix, Inc.’s (NFLX) shares declined 1.3% on the broader tech slump.

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