The spicing and flavorings business is still booming. On Tuesday McCormick (NYSE: MKC) announced strong sales and profit results as part of its fiscal third-quarter announcement. Management also said it is conducting its first stock split since 2002 thanks to an improving demand outlook. Revenue rose 9% in the three months ended on Aug. 31, which represented just a modest slowdown from the spike in the prior quarter that was influenced by pandemic-related restaurant shutdowns. McCormick continued to see elevated demand for its spices and condiments at supermarkets, but executives noted a solid rebound in its restaurant segment, too. Image source: Getty Images. The growth through August has CEO Lawrence Kurzius and his team feeling confident enough to issue a short-term outlook for the first time since executives pulled their forecast in March. McCormick believes sales will rise by about 6% in fiscal 2020, compared to their pre-COVID-19 outlook of roughly 2% gains. Elevated demand for at-home cooking products may continue to lift results at least into early 2021, and that trend factored into management's 2-for-1 stock split announcement. McCormick plans to distribute the new shares in late November, with the stock trading under the split-adjusted price starting on Dec. 1. 10 stocks we like better than McCormickWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and McCormick wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of September 24, 2020 Demitri Kalogeropoulos has no position in any of the stocks mentioned. The Motley Fool recommends McCormick. The Motley Fool has a disclosure policy.Source