McCormick & Co. (MKC) Tops Q3 EPS by 7c, Updates Guidance
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McCormick Reports Strong Third Quarter Sales Growth And Updates 2021 Financial Outlook
September 30, 2021 6:30 AM EDTHUNT VALLEY, Md., Sept. 30, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the third quarter ended August 31, 2021.
Sales rose 8% in the third quarter from the year-ago period. In constant currency, the Company grew sales 5%. Operating income was $265 million in the third quarter compared to $273 million in the year-ago period. Adjusted operating income was $272 million compared to $273 million in the third quarter of 2020. Earnings per share was $0.79 in the third quarter as compared to $0.76 in the year-ago... More