McCormick Q1 net income up 2%
date:Apr 05, 2013
compared to $23m in the corresponding period in 2012.

For the second quarter of 2013, the company plans to increase brand marketing support by approximately $5m, and expects the continuation of higher material costs and an unfavourable impact of approximately $5m from increased retirement benefit expense.

McCormick plans to update its 2013 fiscal year outlook following the completion of the previously announced agreement to acquire Wuhan Asia Pacific Condiments, which is expected to occur in
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