McCormick & Co. Inc. shares fell in trading on Tuesday morning after the spice maker reported sales rose during the fourth quarter but profit fell because of taxes. Hunt Valley-based McCormick reported a profit of $213.4 million, or $1.59 per share, for the quarter ending Nov. 30. Profit was down less than 1% from $214 million, or $1.60 per share in the prior-year quarter. Excluding special charges and the benefits of the 2017 U.S. federal tax reform, McCormick’s adjusted profit fell 2.9% from…
from https://www.bizjournals.com/baltimore/news/2020/01/28/mccormick-profit-falls-sales-come-up-short-in.html?ana=RSS&s=article_search
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