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Re: DewDiligence post# 4594

Tuesday, 04/17/2012 3:03:12 PM

Tuesday, April 17, 2012 3:03:12 PM

Post# of 28842
MKC expects emerging markets to comprise 20% of sales by 2015. Moreover, MKC’s operating margins in emerging markets are comparable to those in developed markets.

Source: today’s Investor Day webcast (http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=65454&eventID=4723702 ).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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