McCormick & Co. (MKC) Tops Q1 EPS by 6c; Issues Light FY15 EPS Outlook

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Go back to McCormick & Co. (MKC) Tops Q1 EPS by 6c; Issues Light FY15 EPS Outlook

McCormick Reports First Quarter Results And Provides Latest 2015 Financial Outlook

March 24, 2015 6:30 AM EDT

SPARKS, Md., March 24, 2015 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the first quarter ended February 28, 2015 and provided the latest outlook for fiscal year 2015.

Sales rose 2% in the first quarter of 2015 from the year-ago period.  Excluding the impact of unfavorable currency rates, the company grew sales 6% in constant currency with strong increases in both business segments. Earnings per share was $0.55 in the first quarter of 2015 and included an unfavorable impact of $0.15 from special charges.  Excluding this... More