Mccormick (MKC) Restructuring Costs (2009 - 2022)
Mccormick's (MKC) quarterly Restructuring Costs came in at $1.5 million in 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.
Analysis
Mccormick (MKC) Restructuring Costs (2009 - 2022) Analysis & Trends
Mccormick (MKC) has reported Restructuring Costs for 6 consecutive years, with $1.5 million the latest figure, recorded 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 climbed to $1.5 million in Q2 2022 per MKC's latest filing, 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.
- Historically, Restructuring Costs has averaged $6.0 million across 4 years, with a median of $5.6 million in 2018.
- The widest YoY moves for Restructuring Costs: up 77.14% in 2018, down 97.55% in 2018.
- Over 4 years, 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.
- According to Business Quant data, Restructuring Costs over the past three periods registered $1.5 million, $700000.0, and $2.0 million for Q2 2022, Q1 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
Historic Data
Download Data
Historic 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 |