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Spice Maker McCormick Lifts Profit Forecast As Higher Prices Cushion Weaker Demand

McCormick raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery in C.

McCormick sales jump 6% in third quarter while profit slips

McCormick sales jump 6% in third quarter while profit slips
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McCORMICK REPORTS STRONG THIRD QUARTER PERFORMANCE

Baystreet ca - McCormick Down Following Earnings Report

McCormick (NYSE:MKC) shares of the spice maker slipped Tuesday. McCormick reported earnings of 65 cents per share, excluding items, for the recent quarter on revenues of $1.68 billion. That came in roughly in line with the EPS of 65 cents and $1.7 billion .

McCormick sales jump 6% in third quarter while profit slips

McCormick sales jump 6% in third quarter while profit slips
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