Mccormick (MKC) Restructuring Costs (2009 - 2022)
Mccormick (MKC) posted Restructuring Costs of $1.5 million for Q2 2022, up 114.29% on a QoQ basis from $700000.0 in Q1 2022, and down 78.26% year-over-year from $6.9 million in Q2 2021.
Mccormick (MKC) Restructuring Costs (2009 - 2022) Analysis & Trends
Mccormick's Restructuring Costs history runs 6 years deep, the most recent figure standing at $1.5 million for Q2 2022.
- Quarterly Restructuring Costs fell 78.26% year-over-year to $1.5 million in Q2 2022, while the trailing twelve-month figure through Feb 2023 was $1.5 million (down 86.24% YoY) and the FY2022 annual result came in at $2.2 million, down 92.41% from the prior year.
- Restructuring Costs was $1.5 million for Q2 2022 at Mccormick, up from $700000.0 in the prior quarter.
- Across five years, Restructuring Costs topped out at $18.8 million in Q1 2021 and bottomed at $400000.0 in Q4 2018.
- A 4-year average of $6.0 million and a median of $5.6 million in 2018 frame the typical range for Restructuring Costs.
- Peak annual rise in Restructuring Costs reached 77.14% in 2018, while the deepest fall reached 97.55% in 2018.
- Mccormick's Restructuring Costs stood at $400000.0 in 2018, then jumped by 3000.0% to $12.4 million in 2020, then plunged by 83.87% to $2.0 million in 2021, then slipped by 25.0% to $1.5 million in 2022.
- Business Quant data shows MKC's Restructuring Costs at $1.5 million in Q2 2022, $700000.0 in Q1 2022, and $2.0 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 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 |