Mccormick (MKC) Divestments (2022 - 2023)
Mccormick's (MKC) quarterly Divestments came in at $1.0 million in Q4 2023, down 98.95% quarter-over-quarter from $95.2 million in Q3 2022.
Analysis
Mccormick (MKC) Divestments (2022 - 2023) Analysis & Trends
Mccormick (MKC) has reported Divestments for 2 consecutive years, with $1.0 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Divestments changed N/A year-over-year to $1.0 million; the trailing twelve-month figure through Nov 2023 stood at $96.2 million (up 1.05% YoY), and the FY2023 full-year result was $1.0 million, down 98.95% from the prior year.
- Divestments declined to $1.0 million in Q4 2023 per MKC's latest filing, from $95.2 million in the prior quarter.
- Across five years, Divestments topped out at $95.2 million in Q3 2022 and bottomed at $1.0 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.22 Bn | 26.54 Bn | 2.03 Bn | - |
| 2 | General Mills | 19.94 Bn | 19.49 Bn | 1.60 Bn | - |
| 3 | Mccormick | 13.84 Bn | 13.51 Bn | 778.20 Mn | - |
| 4 | J M Smucker | 13.17 Bn | 13.13 Bn | 979.60 Mn | - |
| 5 | Hormel Foods | 11.54 Bn | 10.67 Bn | 471.52 Mn | -2.98 Mn |
| 6 | Chewy | 8.46 Bn | 7.94 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.25 Bn | 7.03 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.67 Bn | 6.60 Bn | 361.40 Mn | - |
| 9 | Campbell'S | 6.51 Bn | 6.10 Bn | 650.00 Mn | - |
| 10 | Post Holdings | 3.66 Bn | 3.39 Bn | 566.30 Mn | 45.70 Mn |