McCormick reports Q1 adjusted EPS 63c, consensus 58c

Reports Q1 revenue $1.6B, consensus $1.56B. Brendan Foley, president and CEO, stated, “We are pleased to start the year with strong first quarter performance, which reflects the early success of our prioritized investments to drive impactful results. We drove sequential improvement in volumes in our Consumer and Flavor Solutions segments. We remain confident in the sustained trajectory of our business, and in our ability to deliver on our 2024 outlook and our long-term financial objectives.”