The company said operating income for Q3 rose to $287 million from $245 million a year earlier, and adjusted operating income, excluding special charges, increased to $288 million from $251 million in the year-ago period.

1. 01

   The company said operating income for Q3 rose to $287 million from $245 million a year earlier, and adjusted operating income, excluding special charges, increased to $288 million from $251 million in the year-ago period.

2. 02

   McCormick said diluted earnings per share for Q3 were $0.83, compared with $0.63 a year earlier, and adjusted diluted earnings per share, excluding special charges, were $0.83, compared with $0.65 a year earlier.

3. 03

   The company said its gross profit margin for Q3 was 38.7%, compared with 37.0% a year earlier. It said the 170 basis points expansion was driven by favorable product mix and cost savings led by its CCI program.

4. 04

   McCormick said net cash provided by operating activities through Q3 was $463 million, compared with $660 million a year earlier. The company cited cash used for working capital, higher incentive compensation payments and the timing of income tax payments.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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