McCormick & Company, Incorporated (NYSE: MKC) reported first quarter 2022 earnings results today.
Net sales increased 3% year-over-year to $1.52 billion.
Net income amounted to nearly $155 million, or $0.57 per share, compared to $161.8 million, or $0.60 per share, in the year-ago period. Adjusted EPS was $0.63.
In FY2022, sales are expected to grow 3-5% year-over-year while adjusted EPS is estimated to be $3.17-3.22.