(Reuters) - McCormick & Co
For the first quarter, the company which has beaten earnings expectations for four straight quarters, earned $76.8 million, or 57 cents a share, compared with $67.9 million, or 51 cents a share, last year.
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Sales rose more than 2 percent to $782.8 million in December-February.
Analysts on average were expecting the company to earn 54 cents a share on revenue of $803 million, according to Thomson Reuters I/B/E/S.
The company, which sells its products under the Lawry's and Old Bay labels besides its namesake brand, backed its 2011 earnings outlook of $2.80-$2.85 a share and sales growth of 5-7 percent.
Sparks, Maryland-based McCormick sells spices, herbs, seasoning blends and sauces to grocers, warehouse clubs as well as discount and drug stores.
Shares of the company closed at $49.61 on the New York Stock Exchange on Monday.
(Reporting by Nivedita Bhattacharjee and Renju Jose in Bangalore; Editing by Don Sebastian)