Spice Seller McCormick Rallies on Earnings Beat

McCormick reported diluted earnings per share (EPS) of 68 cents, up from the year-ago period and above consensus expectations of 59 cents. Net sales fell 1% to $1.64 billion, slightly ahead of expectations. McCormick reported second-quarter results that beat analysts' expectations, sending its stock higher Thursday. The Europe, Middle East and Africa segment led the way in McCormick's consumer sales. The company reaffirmed its fiscal 2024 guidance. McCormick's EMEA Segment Leads Sales Growth McCormick share ...