Investors have some good reasons to celebrate McCormick's (NYSE: MKC) fiscal first-quarter earnings report that covers the selling period through late February. CEO Lawrence Kurzius said in a press release that the results "demonstrat[e] our broad and advantaged global flavor portfolio as well as the effective execution of our pricing actions." McCormick is expanding its global business in both the consumer and restaurant divisions, its recent hot sauce acquisitions are boosting sales and profits, and its price increases are tracking along with inflation.