Beyond Meat (BYND) Restructuring Costs (2018 - 2023)
Beyond Meat (BYND) posted Restructuring Costs of -$4000.0 for Q3 2023, up 98.01% on a QoQ basis from -$201000.0 in Q3 2023, and down 100.06% year-over-year from $7.0 million in Q3 2022.
Analysis
Beyond Meat (BYND) Restructuring Costs (2018 - 2023) Analysis & Trends
Beyond Meat has reported Restructuring Costs for 6 years, with the latest figure at -$4000.0 in Q3 2023.
- On a quarterly basis, Restructuring Costs fell 100.06% year-over-year to -$4000.0 in Q3 2023; TTM through Jun 2024 was -$4000.0, a 100.04% decrease from a year earlier, with the FY2023 full-year figure at -$631000.0, down 103.65% from the prior year.
- Restructuring Costs was -$4000.0 for Q3 2023 at Beyond Meat, up from -$201000.0 in the prior quarter.
- The five-year high for Restructuring Costs was $7.0 million in Q4 2022, with the low at -$426000.0 in Q2 2023.
- Average Restructuring Costs over 5 years is $2.3 million, with a median of $2.3 million recorded in 2019.
- The sharpest annual moves came in 2021 and 2023: Restructuring Costs jumped 820.4% in 2021, then tumbled 114.08% in 2023.
- Over 5 years, Restructuring Costs stood at $1.3 million in 2019, then tumbled by 69.29% to $402000.0 in 2020, then surged by 820.4% to $3.7 million in 2021, then declined by 19.49% to $3.0 million in 2022, then sank by 100.13% to -$4000.0 in 2023.
- The last three Restructuring Costs figures came in at -$4000.0 (Q3 2023), -$201000.0 (Q3 2023), and -$426000.0 (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tyson Foods | 18.09 Bn | 17.46 Bn | 921.00 Mn |
| 2 | Jbs | 14.47 Bn | 11.00 Bn | 4.91 Bn |
| 3 | Smithfield Foods | 8.65 Bn | 7.61 Bn | 478.00 Mn |
| 4 | Pilgrims Pride | 7.26 Bn | 6.88 Bn | 339.75 Mn |
| 5 | Seaboard | 4.14 Bn | 2.95 Bn | 221.00 Mn |
| 6 | Cal-Maine Foods | 3.50 Bn | 3.40 Bn | 34.07 Mn |
| 7 | Beyond Meat | 202.71 Mn | 25.82 Mn | 5.87 Mn |
| 8 | Wing Yip Food Holdings | 51.09 Mn | -34.29 Mn | 10.36 Mn |
| 9 | Aquabounty Technologies | 5.92 Mn | 4.02 Mn | - |
| 10 | Nocera | 2.82 Mn | -1.97 Mn | 17,998.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -4,000.00 |
| Jul 1, 2023 | -201,000.00 |
| Apr 1, 2023 | -426,000.00 |
| Dec 31, 2022 | 2.98 Mn |
| Oct 1, 2022 | 7.00 Mn |
| Jul 2, 2022 | 4.30 Mn |
| Apr 2, 2022 | 3.03 Mn |
| Dec 31, 2021 | 3.70 Mn |
| Oct 2, 2021 | 5.80 Mn |
| Jul 3, 2021 | 3.84 Mn |
| Apr 3, 2021 | 2.50 Mn |
| Dec 31, 2020 | 402,000.00 |
| Sep 26, 2020 | 2.15 Mn |
| Jun 27, 2020 | 1.51 Mn |
| Mar 28, 2020 | 2.40 Mn |
| Dec 31, 2019 | 1.31 Mn |
| Sep 28, 2019 | 2.32 Mn |
| Jun 29, 2019 | 847,000.00 |
| Mar 30, 2019 | 394,000.00 |
| Dec 31, 2018 | 345,000.00 |