McCormick Logs Higher Quarterly Sales, Projects Continued Annual Growth

Core Insights - McCormick & Co. reported higher sales in its fiscal fourth quarter, indicating positive momentum expected to continue into the current year [1] - The company is facing higher costs that are impacting profit margins [1] Financial Performance - The fiscal fourth quarter showed an increase in sales, reflecting strong demand for McCormick's products [1] - Despite the sales growth, the company is struggling with rising costs that are eroding profitability [1]