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ConsumerGeniuses

ConsumerGeniuses

McCormick & Company, a spice manufacturer, has seen a boost in its financial earnings for the third quarter of 2021. Due to the rise of at-home cooking, the brand enjoyed an 8% or $119 million raise in sales. The operating income of the brand reached $265 million, while the adjusted operating income made up to $272 million. The company’s adjusted earnings have risen by 5% per share and expects a growth of 12% to 13% in year-over-year sales. In the future, the brand plans to continue capitalizing on the shift to at-home eating and utilize digital engagement for potential growth.

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