Mccormick (MKC-V) Restructuring Costs (2009 - 2022)
Mccormick (MKC-V) reported Restructuring Costs of $1.5 million for Q2 2022, down 78.26% on a YoY basis from $6.9 million in Q2 2021, and up 114.29% quarter-over-quarter from $700000.0 in Q1 2022.
Mccormick (MKC-V) Restructuring Costs (2009 - 2022) Analysis & Trends
Mccormick has reported Restructuring Costs for 6 years, with the latest figure at $1.5 million in Q2 2022.
- For the quarter ending Q2 2022, Restructuring Costs fell 78.26% year-over-year to $1.5 million; the trailing twelve-month figure through Feb 2023 stood at $1.5 million (down 86.24% YoY), and the FY2022 full-year result was $2.2 million, down 92.41% from the prior year.
- Restructuring Costs for Q2 2022 stood at $1.5 million, up from $700000.0 in the prior quarter.
- The five-year high for Restructuring Costs was $18.8 million in Q1 2021, with the low at $400000.0 in Q4 2018.
- Historically, Restructuring Costs has averaged $6.0 million across 4 years, with a median of $5.6 million in 2018.
- The largest YoY upside for Restructuring Costs was 77.14% in 2018 against a maximum downside of 97.55% in 2018.
- Mccormick's Restructuring Costs stood at $400000.0 in 2018, then surged by 3000.0% to $12.4 million in 2020, then slumped by 83.87% to $2.0 million in 2021, then retreated by 25.0% to $1.5 million in 2022.
- The last three Restructuring Costs figures came in at $1.5 million (Q2 2022), $700000.0 (Q1 2022), and $2.0 million (Q4 2021), 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 | Mccormick | - | - | 708.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2022 | 1.50 Mn |
| Feb 28, 2022 | 700,000.00 |
| Nov 30, 2021 | 2.00 Mn |
| Aug 31, 2021 | 1.30 Mn |
| May 31, 2021 | 6.90 Mn |
| Feb 28, 2021 | 18.80 Mn |
| Nov 30, 2020 | 12.40 Mn |
| Nov 30, 2018 | 400,000.00 |
| Aug 31, 2018 | 5.60 Mn |
| May 31, 2018 | 7.80 Mn |
| Feb 28, 2018 | 8.70 Mn |
| Nov 30, 2017 | 16.30 Mn |
| Aug 31, 2017 | 24.50 Mn |
| Nov 30, 2009 | 8.00 Mn |
| Aug 31, 2009 | 900,000.00 |