Mar 24th, 2009 - bizjournals
McCormick & Co.’s first-quarter profit grew 12 percent, boosted by consumers doing more cooking at home and the spice maker’s recent acquisition of Lawry’s.
Sparks-based McCormick (NYSE: MKC) reported earnings of $57.7 million, or 44 cents per share. That’s up from the $51.4 million, or 39 cents per share, the company posted during the same period a year ago.
Analysts polled by Thomson Reuters expected earnings of 44 cents per share.
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