Tuesday, March 28, 2017

McCormick profit inches up to $93.5M in 1Q

McCormick and Co. Inc. turned a $93.5 million profit in the first quarter while sales fell short of Wall Street estimates by $20 million. The Sparks-based spice maker reported earnings of 74 cents per share for the quarter ending Feb. 28, a slight increase from $93.4 million, or 73 cents per share, in the year-ago period. Sales rose to $1.04 billion, a 1 percent increase from $1.03 billion last year. Analysts polled by the Thomson Financial Network had forecasted earnings of 74 cents per share…



from http://www.bizjournals.com/baltimore/news/2017/03/28/mccormick-profit-inches-up-to-93-5m-in-1q.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/158927193547

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