McCormick & Co. (MKC) Tops Q4 EPS by 1c

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McCormick Reports Fourth Quarter Financial Results And Provides Financial Outlook For 2016

January 28, 2016 6:31 AM EST

SPARKS, Md., Jan. 28, 2016 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2015 and provided a 2016 financial outlook.

In the fourth quarter of 2015, the company grew sales 8% in constant currency.  Including the impact of unfavorable foreign currency, sales rose 2% from the year-ago period. Earnings per share was $1.16, and excluding special charges, adjusted earnings per share was $1.18. For fiscal year 2015, the company grew sales 6% in constant currency and earnings... More