McCormick & Co. Inc.’s profits increased 60 percent in the third quarter as sales of Frank’s RedHot Sauce and French’s mustard grew. The Sparks-based spice maker had a $173.5 million profit, or $1.30 per share, up from $108.2 million, or 85 cents per share, a year ago. Excluding special charges related to acquisitions and the impact of last year’s federal tax overhaul, McCormick’s adjusted profit rose 19 percent to $170 million, or $1.28 per share compared to $142.5 million, or $1.12 per share in…
from https://www.bizjournals.com/baltimore/news/2018/09/27/franks-redhot-helps-boost-mccormicks-profit-spike.html?ana=RSS&s=article_search
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