McCormick & Co. - food industry company news 
US: McCormick 2012 profit forecast weighs on shares
26 January 2012
Shares in McCormick & Co. fell today (26 January) after the US-based spice maker issued a forecast for 2012 profits that was lower than Wall Street expected.
UK: Premier shakes up management team
31 October 2011
Premier Foods plc chief executive Michael Clarke has revamped the UK manufacturer's management structure as he presses on with plans to revitalise the company.
Quote, unquote: just-food's week in words
3 October 2011
Away from the World Retail Congress, Mars Inc made its first move into Fairtrade, spice maker McCormick & Co. said it would increase prices to offset commodity costs and the sale of ailing Irish retailer Superquinn was cleared. Click on the links for more.
On the money: McCormick looks to price hikes to battle costs
30 September 2011
Spice maker McCormick & Co. is looking to increase prices across its consumer and industrial businesses to fight an acceleration in commodity costs.
US: McCormick shares down despite Q3 profit rise
28 September 2011
Shares in US spice maker McCormick & Co. fell today (28 September) despite an increase in underlying quarterly profits on the back of higher sales from its consumer and industrial divisions.
US: McCormick lowers EPS forecast despite Q2 profit growth
30 June 2011
McCormick & Co. has reduced its full-year earnings per share forecast despite posting sales and profit growth in the second quarter of its financial year.
US/POLAND: McCormick snaps up spice firm Kamis
28 June 2011
McCormick & Co. has signed an agreement to buy Polish spices firm Kamis for US$291m.
US: McCormick hints at more acquisitions
3 June 2011
McCormick & Co. has a "robust pipeline" of acquisition targets, the US spice maker's CFO has revealed, a day after the company announced a new venture in India.
Editor's choice: the highlights on just-food this week
3 June 2011
There was, in truth, one story that dominated the headlines in the food industry this week, with the e.coli scare in Europe. Wal-Mart Stores' success in securing approval for its acquisition of 51% of South African retailer Massmart was also notable. Coincidentally, the latest just-food interview also focused on South Africa, as we spoke to the head of Kraft Foods' operations in the country and the wider southern Africa region. And, the last few days, has seen the publication of the latest just-food briefing, which focuses on the divisive issue of GM.
US/INDIA: McCormick to form JV with Kohinoor Foods
2 June 2011
US spice maker McCormick & Co. is to set up a joint venture in India with local food company Kohinoor Foods.
just the answer - Anthony Palmer, McCormick & Co.
25 May 2011
Spice giant McCormick & Co. has opened a new R&D centre in the UK to serve Europe, the Middle East and Africa. In this month's just the answer interview, Dean Best talks to Anthony Palmer, general manager of company subsidiary Schwarz UK, to get a flavour of the company's plans.
On the money: Rising commodity costs may affect McCormick innovation
27 January 2011
US spice giant McCormick & Co. has warned that rising commodity costs could have an impact on the company's innovation plans in the year ahead.
US: McCormick & Co. profits climb in 2010
26 January 2011
US spice giant McCormick & Co. has booked an increase in full-year profits, driven by product innovation and expanded distribution during the year.
US: McCormick makes consumer products appointments
10 January 2011
US spice giant McCormick & Co. has made a number of appointments within its consumer products division.
Quote, unquote: just-food's week in words
29 October 2010
This week was a bit of a mixed bag, with Premier Foods providing a fairly miserable outlook for the rest of 2010, and seeing rising wheat prices impact prices, while both the US and Canada (separately) announced new nutrition labelling programmes. Emerging markets returned to fore, with Japanese retailers looking to their neighbours for growth, while McCormick revealed expansion plans in Turkey and North Africa. Here's the best of what was said this week:
BRICs and beyond: McCormick eyes Turkey, north Africa for extra spice
29 October 2010
If you're looking to forge a business in the world's emerging markets, there is plenty of promise beyond the BRICs.
On the money: McCormick says on-track for "record" FY
1 October 2010
US spice giant McCormick & Co. is in line to post a "record" year in terms of profits for its current financial year, the company's chief executive has said.
US: McCormick raises profit target after "strong" Q3
30 September 2010
US spice giant McCormick & Co. today (30 September) lifted its earnings target for its financial year after a "strong" third quarter.
TURKEY: McCormick eyes branded spices growth with Ulker venture
27 September 2010
US spice giant McCormick & Co. has told just-food that it wants to build a branded herbs and spices category in Turkey through its venture with Yildiz Holding, the owner of local food group Ulker.
TURKEY: Ulker owner announces McCormick venture
23 September 2010
Yildiz Holding, the owner of Turkish food group Ulker, has announced plans to form a venture with US spice giant McCormick & Co.
BRICs and beyond: India's potential overshadows short-term challenges
16 September 2010
At the end of August, data emerged that India's economy was growing at its fastest rate in nearly three years. One of the four markets dubbed the BRICs in 2001, India is still a key priority for international investors and, despite potential legal issues and the spectre of food inflation, it remains a vital market for food manufacturers.
US: Tyson exec joins McCormick
16 September 2010
Former Tyson executive Wendy Davidson has joined McCormick & Co. to drive the spice maker's business with US business-to-business customers.
US/INDIA: McCormick buys stake in India's Eastern Condiments
29 June 2010
US spice giant McCormick & Co. has bought a minority stake in Indian spice and seasoning business in Indian firm Eastern Condiments.
US: McCormick lays down 2011 sales, earnings targets
13 April 2010
Spice giant McCormick & Co. today (13 April) told investors that it expects to book earnings growth of up to 11% from 2011 onwards.
US: Home cooking fuels McCormick profits
25 March 2010
Spice maker McCormick & Co. today (25 March) booked a 17% rise in quarterly profits as more home cooking boosted sales.
US: McCormick joins HVP recall
8 March 2010
Spice maker McCormick & Co. is the latest company to be linked to the HVP salmonella scare in the US.
US: McCormick buy boosts FY earnings
28 January 2010
McCormick & Co. has booked an increase in full-year earnings, boosted by cost savings and the acquisition of Lawry’s.
US: Lawry's leads to tasty McCormick profit growth
24 September 2009
The acquisition of the Lawry's seasonings business has boosted quarterly sales and earnings at McCormick & Co.
US: McCormick & Company confirms guidance after steady Q2
25 June 2009
McCormick & Company has reaffirmed its earnings guidance after delivering a solid second quarter.
CHINA: Olam International to purchase SK Foods
24 June 2009
Singapore-based Olam International has signed an agreement to purchase the assets of US-based tomato processor SK Foods.
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