McCormick & Company, Inc. http://www.alacrastore.com/company-snapshot/McCormick_Company_Inc-1010703 Thursday, July 24, 2008 3:57:38 PM 1010703 McCormick & Company, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/B1876777ccbn/B1876777norm... EPS of $#.##. Guidance was for #H## EPS of $#.##-#.## on high single-digit sales growth. ... 6/26/2008 10:05:00 AMMcCormick & Company, Inc.54.0000EditedQ2 2008 McCormick & Company, Inc. Earnings Conference Call SummaryMKC8:00am ETBriefB1876777Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1876777ccbn/T1876777norm...Greetings and welcome to the McCormick second-quarter #### conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (OPERATOR INSTRUCTIONS). As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Ms. Joyce Brooks, Vice President of Investor Relations for McCormick. Thank you, Ms. Brooks, you may begin. ... 6/26/2008 10:05:00 AMMcCormick & Company, Inc.54.0000FinalQ2 2008 McCormick & Company, Inc. Earnings Conference Call TranscriptMKC8:00am ETTranscriptT1876777Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1837680ccbn/T1837680norm... - Goldman Sachs - AnalystWe'll get started with our next presentation. I'm very pleased to introduce you to our next presenters, President and CEO Alan Wilson and Executive Vice President and CFO Gordon Stetz of McCormick and Company. Also joined by Assistant Treasurer Joyce Brooks who's sitting over there. In a lot of stages of a three-year restructuring program, operational improvements and solid innovation and recent M&A have improved McCormick's long-term sales and margin growth profile. The main portfolio favorable attributes are leading branded and private-label exposure, ethnic and health and wellness growth opportunities and emerging international growth prospects. With that I'm going to turn this over to Alan who will talk about the company and its strategy for about ##, ## minutes and then we can open up for Q&A. So, with that, Alan? ... 5/12/2008 5:06:00 PMMcCormick & Company, Inc.54.0000FinalMcCormick & Company, Inc. at Goldman Sachs Consumer Products Conference TranscriptMKC1:40pm ETTranscriptT1837680Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/647028spcred/647028normThe latest Summary from S&Pglobal5/7/2008 6:20:22 PM175Summary647028United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsSummaryThe ratings on Sparks, Md.-based McCormick&Co. remain on CreditWatch, where they were originally placed with negative implications on Nov. 14, 2007, following the company's announcement that it signed a definitive agreement with Unilever to purchase the assets of Lawry's for $605 million in cash. The assets, including seasoning blend and wet marinades products under the Lawry's and Adolph's brands, generate about $150 million of sales and $66 million of EBITDA annually. Upon closing of the transaction, financing will consist of cash from operations, committed bank lines, and commercial paper borrowings. Standard&Poor's Ratings Services assumes most of the acquisition will be debt-financed, and that credit measures will weaken below current levels and not meet our prior expectations,USA57978Q57978X57978057978A57978B57978E30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCSUMMARYGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/bir/305561bir/305561normMcCormick and Company Inc.Ducros S.A.United StatesManufacturing: Tea, spices, syrups and food flavorings.20992087308530893114233119303261223261602417HKMKC2/15/2008 6:52:00 AM305561Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/spcred/630822spcred/630822normThe latest Full Report from S&P2/14/2008 1:29:09 PMFull Report400global630822United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsFull ReportLeading U.S. position in spices and seasoning products; Geographic diversification; and Continued strong free cash flow. Increasingly aggressive financial policy; Operation within a mature market; and Narrow product focus. The ratings on Sparks, Md.-based McCormick&Co. remain on CreditWatch with negative implications. The ratings were originally placed on CreditWatch negative on Nov. 14, 2007, following the company's announcement that it signed a definitive agreement with Unilever to purchase the assets of Lawry's for $605 million in cash. The assets, including seasoning blend and wet marinades products under the Lawry's and Adolph's brands, generate about $150 million of sales and $66 million of EBITDA annually. Upon closing of the transaction, financing will consist of cash from operations, committed bank lines,USA57978Q57978X57978057978A57978B57978E30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCFULLGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/630824spcred/630824normThe latest Summary from S&P2/14/2008 1:29:09 PMSummary175global630824United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsSummaryThe ratings on Sparks, Md.-based McCormick&Co. remain on CreditWatch with negative implications. The ratings were originally placed on CreditWatch negative on Nov. 14, 2007, following the company's announcement that it signed a definitive agreement with Unilever to purchase the assets of Lawry's for $605 million in cash. The assets, including seasoning blend and wet marinades products under the Lawry's and Adolph's brands, generate about $150 million of sales and $66 million of EBITDA annually. Upon closing of the transaction, financing will consist of cash from operations, committed bank lines, and commercial paper borrowings. Standard&Poor's Ratings Services assumes most of the acquisition will be debt-financed, and that credit measures will weaken below current levels and not meetUSA57978Q57978X57978057978A57978B57978E30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCSUMMARYGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/630418spcred/630418normThe latest News from S&P2/12/2008 3:36:47 PMNews100global630418United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsNewsNEW YORK (Standard&Poor's) Feb. 12, 2008--Standard&Poor's Ratings Services said today that its ratings on McCormick&Co. Inc., including its 'A' corporate credit and 'A-1' commercial paper ratings, remain on CreditWatch with negative implications. The ratings were originally placed on CreditWatch negative on Nov. 14, 2007, following the company's announcement that it signed a definitive agreement with Unilever to purchase the assets of Lawry's for $605 million in cash. "We assume most of the acquisition will be debt-financed, and that credit measures will weaken below current levels and not meet our prior expectations," said Standard&Poor's credit analyst Alison Sullivan. "Pro forma for the acquisition, we estimate leverage would be about 2.5x, and funds fromUSA57978Q57978X57978057978A57978B57978E30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCNEWSGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/630419spcred/630419normThe latest Research Update from S&P2/12/2008 3:36:47 PMResearch Update175global630419United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsResearch UpdateOn Feb. 12, 2008, Standard&Poor's Ratings Services said that its ratings on McCormick&Co. Inc., including its 'A' corporate credit and 'A-1' commercial paper ratings, remain on CreditWatch with negative implications. The ratings were originally placed on CreditWatch negative on Nov. 14, 2007, following the company's announcement that it signed a definitive agreement with Unilever to purchase the assets of Lawry's for $605 million in cash. The assets, including seasoning blend and wet marinades products under the Lawry's and Adolph's brands, generate about $150 million of sales and $66 million of EBITDA annually. Upon closing of the transaction, financing will consist of cash from operations, committed bank lines, and commercial paper borrowings. Standard&Poor's assumes mostUSA57978Q57978X57978057978A57978B57978E30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCRESUPDGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1706156ccbn/B1706156norm1/23/2008 3:06:00 PMMcCormick & Company, Inc.54.0000EditedQ4 2007 McCormick & Company, Inc. Earnings Conference Call SummaryMKC10:00am ET...Results exceeded initial goals for sales and profit growth, with sales up #% and a ##% increase in EPS on a comparable basis, excluding restructuring activities. ... BriefB1706156Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1706156ccbn/T1706156norm1/23/2008 1:06:00 PMMcCormick & Company, Inc.54.0000FinalQ4 2007 McCormick & Company, Inc. Earnings Conference Call TranscriptMKC10:00am ET...Greetings and welcome to the McCormick fourth-quarter conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (OPERATOR INSTRUCTIONS). As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Joyce Brooks, Assistant Treasurer for McCormick. Thank you. Ms. Brooks, you may begin.... TranscriptT1706156Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/moodys/PR_145625_475000moodys/PR_145625_475000htmlRating Action12/6/2007 12:18:31 AMGlobal Credit Research Rating Action # DEC #### Rating Action: McCormick & Company, Incorporated Moody's assigns A# to new McCormick notes; under review for downgrade New shelf registration assigned (P)A# rating; also placed under...McCormick & Company, Incorporated475000150.0000NewshtmlMcCormick & Company, IncorporatedPR_145625_475000Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/617596spcred/617596normThe latest News from S&P12/5/2007 1:04:28 PMNews100global617596United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsNewsNEW YORK (Standard&Poor's) Dec. 5, 2007— Standard&Poor's Ratings Services today assigned its preliminary 'A' senior unsecured debt rating to McCormick&Co. Inc.'s Rule 415 shelf registration and placed the shelf rating on CreditWatch with negative implications. The new shelf has an indeterminate aggregate initial offering price and number of debt securities. At the same time, Standard&Poor's assigned its 'A' rating to McCormick's $250 million 5.75% senior unsecured notes due 2017 and placed this rating on CreditWatch with negative implications. Proceeds from this debt issuance will be used to repay $150 million 6.8% notes due February 2008 and a portion of outstanding commercial paper borrowings. These notes will be issued off of McCormick's newUSA57978X57978057978A57978B57978E57978Q30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCNEWSGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_144521_475000moodys/PR_144521_475000htmlRating Action11/15/2007 1:31:52 AMGlobal Credit Research Rating Action ## NOV #### Rating Action: McCormick & Company, Incorporated Moody's places McCormick's ratings under review for downgrade Approximately $### million in debt securites affected. New York, November...McCormick & Company, Incorporated475000150.0000NewshtmlMcCormick & Company, IncorporatedPR_144521_475000Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/613166spcred/613166normThe latest News from S&P11/14/2007 1:14:55 PMNews100global613166United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsNewsNEW YORK (Standard&Poor's) Nov. 14, 2007--Standard&Poor's Ratings Services placed all its ratings on Sparks, Md.-based McCormick&Co. Inc., including its 'A' corporate credit and 'A-1' commercial paper ratings, on CreditWatch with negative implications, meaning that the ratings could either be lowered or affirmed following the completion of our review. Total debt outstanding was about $874 million at Aug. 31, 2007. The CreditWatch placement follows the company's announcement that it has signed a definitive agreement with Unilever to purchase the assets of Lawry's for $605 million in cash. The assets, including seasoning blend and wet marinades products under the Lawry's and Adolph's brands, generate about $150 million of sales and $67 million of EBITDA annually. UponUSA57978Q57978X57978057978A57978B57978E30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCNEWSGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/613167spcred/613167normThe latest Research Update from S&P11/14/2007 1:14:55 PMResearch Update175global613167United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsResearch UpdateOn Nov. 14, 2007, Standard&Poor's Ratings Services placed all its ratings on Sparks, Md.-based McCormick&Co. Inc., including its 'A' corporate credit and 'A-1' commercial paper ratings, on CreditWatch with negative implications, meaning that the ratings could either be lowered or affirmed following the completion of our review. Total debt outstanding was about $874 million at Aug. 31, 2007. The CreditWatch placement follows the company's announcement that it has signed a definitive agreement with Unilever to purchase the assets of Lawry's for $605 million in cash. The assets, including seasoning blend and wet marinades products under the Lawry's and Adolph's brands, generate about $150 million of sales and $67 million of EBITDA annually. Upon closing of theUSA57978Q57978X57978057978A57978B57978E30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCRESUPDGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1664117ccbn/T1664117norm10/17/2007 5:06:00 PMMcCormick & Company, Inc.54.0000FinalMcCormick & Company, Inc. at Wachovia Consumer Growth Conference TranscriptMKC2:00pm ET... - Wachovia - AnalystGood afternoon and welcome to our consumer growth conference here at Wachovia. We're very excited to have the management team of McCormick and Company here, one of our top ideas in the food group, specifically our newly elevated, I should say, CEO, Alan Wilson, the incoming CFO, Gordon Stetz, and the current CFO, Frank Contino. So without further adieu, Alan Wilson. ... TranscriptT1664117Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/608051spcred/608051normThe latest Summary from S&P10/17/2007 1:02:06 PMSummary175global608051United StatesPackaged Foods & MeatsUnited StatesGlobal IssuersFinancial InstitutionsCorporationsConsumer ProductsSummaryThe ratings reflect Sparks, Md.-based McCormick&Co. Inc.'s solid financial standing, and its strong business profile based on its worldwide leadership in supplying spices, seasonings, and flavors to the food service segment, food processors, and retail outlets. These factors help mitigate McCormick's narrower product line focus than that of other packaged-foods companies, and the slow growth of the sector in which McCormick competes. The company has sustained market share of about 50% in the U.S., the U.K., and the Netherlands. McCormick's biggest competitive advantages are its global sourcing capabilities and the breadth of its products within the spice and seasoning category. McCormick's ability to control its cost structure is very important to its success. In September 2005, McCormick announcedUSA57978A57978E57978Q57978X57978057978B30202030 302020 3020 30McCormick&Co. Inc.101456USAMKCSUMMARYGLOBISSFICORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1626638ccbn/B1626638norm9/27/2007 2:07:00 PMMcCormick & Company, Inc.54.0000EditedQ3 2007 McCormick & Company, Inc. Earnings Conference Call SummaryMKC10:00am ET...Management discussed #Q## results, reporting EPS of $#.##. Guidance for FY## sales growth and EPS growth were reaffirmed at #-#% and #-##%, respectively. www.streetevents.comContact Us ... BriefB1626638Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1626638ccbn/T1626638norm9/27/2007 12:07:00 PMMcCormick & Company, Inc.54.0000FinalQ3 2007 McCormick & Company, Inc. Earnings Conference Call TranscriptMKC10:00am ET...Good morning. My name is Melissa, and I'll be your conference operator today. At this time, I would like to welcome everyone to the McCormick & Company third quarter financial results conference call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer period. (OPERATOR INSTRUCTIONS) It is now my pleasure to turn the floor over to your host, Joyce Brooks. Ma'am, you may begin your conference. ... TranscriptT1626638Credit & Investment ResearchThomson Street Events