Thursday, June 30, 2016

McCormick's acquisitions, push into organic foods boost profits

McCormick & Co. Inc. CEO Lawrence Kurzius says the company’s profit grew 11 percent in the second quarter thanks to its recent acquisitions and demand for its new line of organic products. “I think our brands, our products and really our category is in line with the way consumers want to eat today,” Kurzius said. “As consumers cook at home more and are more ambitious about the things that they cook, our brand is a big beneficiary of that…We actually do better with millennials than we do with [baby]…



from http://www.bizjournals.com/baltimore/news/2016/06/30/mccormicks-acquisitions-push-into-organic-foods.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/146708566257

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