Beyond Meat (BYND) Restructuring Costs (2018 - 2023)
Beyond Meat (BYND) recorded quarterly Restructuring Costs of -$4000.0 in Q3 2023, up 98.01% quarter-over-quarter from -$201000.0 in Q3 2023, and down 100.06% on a YoY basis from $7.0 million in Q3 2022.
Beyond Meat (BYND) Restructuring Costs (2018 - 2023) Analysis & Trends
Beyond Meat's Restructuring Costs history runs 6 years deep, the most recent figure standing at -$4000.0 for Q3 2023.
- In Q3 2023, Restructuring Costs fell 100.06% year-over-year to -$4000.0; the TTM figure through Jun 2024 stood at -$4000.0 (down 100.04% YoY), while the FY2023 annual figure was -$631000.0, down 103.66% from the prior year.
- Restructuring Costs was -$4000.0 for Q3 2023 at Beyond Meat, up from -$201000.0 in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $7.0 million in Q4 2022 to a low of -$426000.0 in Q2 2023.
- Historically, Restructuring Costs has averaged $2.3 million across 5 years, with a median of $2.3 million in 2019.
- The sharpest annual moves came in 2021 and 2023: Restructuring Costs soared 820.4% in 2021, then sank 114.2% in 2023.
- A 5-year view of Restructuring Costs shows it stood at $1.3 million in 2019, then plunged by 69.29% to $402000.0 in 2020, then jumped by 820.4% to $3.7 million in 2021, then decreased by 20.03% to $3.0 million in 2022, then sank by 100.14% 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn |
| 10 | Beyond Meat | 322.97 Mn | 127.62 Mn | 1.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -4,000.00 |
| Jul 1, 2023 | -201,000.00 |
| Apr 1, 2023 | -426,000.00 |
| Dec 31, 2022 | 2.96 Mn |
| Oct 1, 2022 | 6.99 Mn |
| Jul 2, 2022 | 4.30 Mn |
| Apr 2, 2022 | 3.00 Mn |
| Dec 31, 2021 | 3.70 Mn |
| Oct 2, 2021 | 5.80 Mn |
| Jul 3, 2021 | 3.80 Mn |
| Apr 3, 2021 | 2.47 Mn |
| Dec 31, 2020 | 402,000.00 |
| Sep 26, 2020 | 2.15 Mn |
| Jun 27, 2020 | 1.50 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 |