McCormick & Co. (MKC) Misses Q4 EPS by 3c, Offers Outlook
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McCormick Reports Record 2018 Financial Results And Provides Growth Outlook For 2019
January 24, 2019 6:30 AM ESTHUNT VALLEY, Md., Jan. 24, 2019 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2018. The company provided an outlook for continued growth in 2019.
For the fourth quarter, sales rose 1% from the year-ago period. In constant currency, the company grew sales 2%. Earnings per share increased to $1.60 from $1.32 in the fourth quarter of 2017. Adjusted earnings per share rose 8% to $1.67 from $1.54 in the year-ago period. For fiscal 2018, sales rose 12% from the... More