US spice maker McCormick has lowered its earnings forecast for the year.

The group said that earnings per share were expected to increase by only 4.7%, or $1.58-$1.62 a share. Previous guidance was $1.66-$1.780 a share.

Robert Lawless, chairman, president and CEO of McCormick, blamed a sales and profit shortfall in the industrial business and initial estimates of the impact of hurricane Katrina for the lower forecast.