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McCormick beats quarterly sales estimates

McCormick beats quarterly sales estimates

- Spice maker McCormick MKC.N beat Wall Street estimates for third-quarter sales on Thursday, as consumers continued to reach for its seasonings and sauces despite tightening budgets and macroeconomic uncertainty.

The company, which is in the process of a planned merger with Unilever's ULVR.L food business, reported third-quarter sales of $2.02 billion, compared with analysts' estimates of $1.98 billion, according to data compiled by LSEG.


(Reporting by Shania S Thomas and Anuja Bharat Mistry in Bengaluru; Edited by Diti Pujara)

((shanias.thomas@thomsonreuters.com))

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