Tuesday, October 1, 2019

McCormick profit rises 11% in third quarter, beats estimates

Sales growth in the Americas and China helped McCormick & Co. Inc. boost its profit 11% in the third quarter. The Hunt Valley-based spice maker reported net income of $191.9 million or $1.43 per share, in the third quarter, compared to $173.5 million or $1.30 per share in the prior-year quarter. Excluding acquisition costs, special charges and benefits from the 2017 federal tax reform law, McCormick’s adjusted net income was $196.5 million or $1.46 per share, up 16% from $170 million or $1.28 per…



from https://www.bizjournals.com/baltimore/news/2019/10/01/mccormick-profit-rises-11-in-third-quarter-beats.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/188064108137

No comments:

Post a Comment