Thursday, June 29, 2017

McCormick shares rise on increase in second-quarter profit

McCormick & Co. Inc. shares rose in pre-market trading Thursday after the spice maker posted a 7 percent increase in second-quarter profit. The Sparks spice maker reported a profit of $100 million in the quarter, or 79 cents per share, up from $93.8 million, or 73 cents per share, in the year-ago period. Excluding special charges, McCormick reported adjusted earnings of $103.4 million, 82 cents per share, compared to $95.6 million, or 75 cents per share, a year ago. Net sales jumped 4.8 percent…



from http://www.bizjournals.com/baltimore/news/2017/06/29/mccormick-shares-rise-on-increase-in-second.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/162395339767

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