McCormick beats quarterly earnings estimates as consumers choose cooking at home

McCormick said Thursday that its income increased to $212.4 million, or 79 cents per share, in the quarter that ended Aug. 31, up from $206.1 million, or 76 cents per share, in the third quarter of 2020. Adjusted earnings per share were 80 cents each, a 5% increase from a year earlier and ahead of Wall Street expectations of 72 cents per share.