McCormick & Co. Inc. missed profit estimates in the fourth quarter as sales growth slowed to less than 1 percent, sending the company’s shares down 10 percent in pre-market trading Thursday. The slowdown in the Hunt Valley-based spice maker’s sales is yet another indicator to investors that the U.S. economy might be weakening as they remain wary of a potential recession. McCormick (NYSE: MKC) reported earnings of $214 million, or $1.60 per share, in the fourth quarter, up 22 percent from $175.7…
from https://www.bizjournals.com/baltimore/news/2019/01/24/mccormick-shares-fall-heavily-on-slowdown-in.html?ana=RSS&s=article_search
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