US spice maker McCormick & Co has reported a rise in quarterly profit, helped by promotions for new and seasonal items.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Maryland-based McCormick posted earnings from continuing operations of US$40.1m, or 28 cents a share, for the third quarter to 31 August, compared to $34.0m, or 24 cents a share, a year earlier.

Analysts polled by Reuters Research had been expecting, on average, profit of 29 cents a share, reported Reuters.

McCormick said its third-quarter sales increased around 17% to $557.6m from $477.3m a year earlier.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.