McCormick Reports Second Quarter Results And Provides Latest 2015 Financial Outlook
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McCormick & Co. (MKC) Tops Q2 EPS by 7c; Boosts FY15 EPS Outlook
July 1, 2015 6:32 AM EDTMcCormick & Co. (NYSE: MKC) reported Q2 EPS of $0.75, $0.07 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.04 billion.
Alan D. Wilson, Chairman and CEO, commented, "Our second quarter results demonstrated the effectiveness of our sales and profit growth strategies and continued the momentum from the first quarter. Both our consumer and industrial segments delivered higher sales in constant currency across each region. We are driving this growth by developing innovative products, building brand equity and strengthening our customer relationships. Performance this period was... More
