McCormick Reports Strong Sales And Profit Growth In Second Quarter

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. WCN
6. SPOT
7. BMY
8. SPY
9. FIX
10. TSCO

Go back to McCormick Reports Strong Sales And Profit Growth In Second Quarter

McCormick & Co. (MKC) Tops Q2 EPS by 6c, Offers FY Guidance

June 29, 2017 6:31 AM EDT

McCormick & Co. (NYSE: MKC) reported Q2 EPS of $0.82, $0.06 better than the analyst estimate of $0.76. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.1 billion.

GUIDANCE:

McCormick & Co. sees FY2017 EPS of $4.05-$4.13, versus the consensus of $4.07.

For the 2017 fiscal year, McCormick updated its financial outlook to reflect a lower impact from unfavorable foreign currency exchange rates on net sales and a higher impact of special charges. Excluding this impact, the company reaffirmed its expected constant currency growth rates for sales, adjusted operating income and... More