McCormick & Firm, Inc. (NYSE: MKC) reported third quarter 2024 earnings outcomes right now.
Internet gross sales remained flat at $1.68 billion in comparison with the identical interval a yr in the past.
Internet revenue rose to $223.1 million, or $0.83 per share, from $170.1 million, or $0.63 per share, final yr. Adjusted EPS was $0.83.
Income and earnings beat expectations sending the inventory climbing over 2% in premarket hours on Tuesday.
In fiscal yr 2024, McCormick expects gross sales to vary between down 1% to up 1% in comparison with 2023. GAAP EPS is predicted to be $2.81-2.86 whereas adjusted EPS is predicted to be $2.85-2.90.