McCormick & Co. (MKC) Tops Q1 EPS by 4c; Guides FY EPS In-Line

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Go back to McCormick & Co. (MKC) Tops Q1 EPS by 4c; Guides FY EPS In-Line

McCormick Reports On First Quarter Results And Latest 2016 Financial Outlook

March 29, 2016 6:30 AM EDT

SPARKS, Md., March 29, 2016 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the first quarter ended February 29, 2016 and provided its latest financial outlook for fiscal year 2016.

Sales rose 2% in the first quarter from the year-ago period.  In constant currency, which excludes the unfavorable impact of foreign currency, the company grew sales 7%, with strong increases in both its consumer and industrial segments. Earnings per share was $0.73 in the first quarter of 2016.  Excluding the impact of special... More