McCormick & Co. Inc. earnings declined in the third quarter, resulting in expenses tied to its $4.2 billion acquisition of the maker of Frank’s RedHot sauce and French’s mustard. The Sparks spice maker reported a profit of $108.2 million, or 85 cents per share. That’s down 15 percent from $127.7 million, or $1 per share, from the year-ago period. The earnings include $31.1 million in expenses tied to McCormick’s purchase in August of the food division of Britain-based Reckitt Benckiser Group plc.…
from https://www.bizjournals.com/baltimore/news/2017/09/28/mccormick-shares-rise-on-third-quarter-earnings.html?ana=RSS%26s=article_search
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