McCormick & Co. (MKC) Tops Q1 EPS by 1c, Reiterates Financial Outlook

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McCORMICK REPORTS FIRST QUARTER PERFORMANCE AND REITERATES 2022 OUTLOOK

March 29, 2022 6:30 AM EDT

HUNT VALLEY, Md., March 29, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the first quarter ended February 28, 2022.

Sales rose 3% in the first quarter from the year-ago period. In constant currency, the Company grew sales 4%.Operating income was $207 million in the first quarter compared to $236 million in the year-ago period. Adjusted operating income was $227 million compared to $263 million in the first... More