Product innovation pushes McCormick profit up
date:Apr 03, 2013
Product innovation in spices, seasonings and recipe mixes boosted consumer business sales and led to an overall gain in earnings and sales at McCormick Co., Inc. in the first quarter. Net income in the quarter ended Feb. 28 was $76 million, equal to 57c per share on the common stock, up 2% from $74.5 million, or 56c per share, in the same quarter a year ago.

Sales for the quarter were $934.4 million, up 3% from $906.7 million a year ago.

Our financial results for the first quarter included st
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