McCormick & Co. (MKC) Reports In-Line Q4 EPS
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McCormick Fourth Quarter Performance Led To Record 2016 Financial Results; Continued Growth Expected In 2017
January 25, 2017 6:30 AM ESTSPARKS, Md., Jan. 25, 2017 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial performance for the fourth quarter that led to record results for the fiscal year ended November 30, 2016.  The company provided an outlook for continued growth in 2017.
Sales rose 2% in the fourth quarter from the year-ago period. In constant currency, the company grew sales 4%, with increases in both the consumer and industrial segments. Earnings per share increased to $1.24 from $1.16 in the fourth quarter of 2015, mainly due to a higher operating income.... More