McCormick & Co. Eyes Growth Through Acquisitions, Emerging Markets
Spice company McCormick & Co. Inc. said Tuesday it expects to achieve annual earnings-per-share growth of at least 9 percent and sales growth of 4 percent to 6 through acquisitions, international expansion and brand marketing. By 2015, the company expects 20 percent of its sales to stem from emerging markets such as India, said Baltimore Business Journal.