McCormick Tops Q1 Sales Forecast on Strong Seasonings Demand; Unilever Food Deal in Advanced Talks
McCormick reported first-quarter revenue and adjusted earnings above analyst expectations driven by steady consumer demand for its seasonings and condiments. The Hunt Valley, Maryland-based spice maker said it is in advanced discussions to acquire Unilever's food business, a move that could form a roughly $60 billion combined company. The quarter s…