Categories AlphaGraphs, Consumer, Earnings

McCormick & Company (MKC) Q1 Earnings: Key financials and quarterly highlights

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.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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