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McCormick sees food industry innovation efforts picking up
date:Apr 07, 2013
prices as well as a whole lot of other stresses and they are not spending, Mr. Wilson said. Consumers at the higher end seem to be, at least so far, continuing to spend. So I think we are seeing a little bit of that play out in our business as well.

Looking ahead to the rest of the year, Mr. Wilson said he anticipates sales into the food service category will increase.

For the quarter ended Feb. 28, McCormick Co. had net income of $76 million, equal to 57c per share on the common stock, up 2

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