McCormick & Co. (MKC) Tops Q2 EPS by 9c, Reaffirms FY18 Guidance
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McCormick Reports Double Digit Second Quarter Sales and Profit Growth
June 28, 2018 6:30 AM EDTSPARKS, Md., June 28, 2018 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2018 and reaffirmed its latest financial outlook for fiscal year 2018.
Sales rose 19% in the second quarter from the year-ago period. In constant currency, the company grew sales 16%, with strong results in both the consumer and flavor solutions segments. Operating income was $192 million in the second quarter compared to $133 million in the year-ago period. Adjusted operating income was $208... More