McCormick & Co. (MKC) Tops Q2 EPS by 1c
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McCormick Reports on Second Quarter Results and Latest 2016 Financial Outlook
June 30, 2016 6:30 AM EDTSPARKS, Md., June 30, 2016 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2016 and provided its latest financial outlook for fiscal year 2016.
Sales rose 4% in the second quarter from the year-ago period. In constant currency, the company grew sales 6%, led by the consumer segment. Gross profit margin rose to 40.7% from 39.4% in the second quarter of 2015. Earnings per share was $0.73 in the second quarter compared to $0.65 in the year-ago period. Adjusted earnings per... More