Krispy Kreme (Krispy Kreme) Retained Earnings : $-279 Mil (As of Dec. 2023)

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What is Krispy Kreme Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Krispy Kreme's retained earnings for the quarter that ended in Dec. 2023 was $-279 Mil.

Krispy Kreme's quarterly retained earnings declined from Jun. 2023 ($-229 Mil) to Sep. 2023 ($-276 Mil) and declined from Sep. 2023 ($-276 Mil) to Dec. 2023 ($-279 Mil).

Krispy Kreme's annual retained earnings declined from Dec. 2021 ($-178 Mil) to Dec. 2022 ($-217 Mil) and declined from Dec. 2022 ($-217 Mil) to Dec. 2023 ($-279 Mil).

Krispy Kreme Retained Earnings Historical Data

The historical data trend for Krispy Kreme's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Krispy Kreme Retained Earnings Chart

Krispy Kreme Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-77.88

-142.20

-178.41

-217.49

-278.99

Krispy Kreme Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial													-217.49	-223.67	-229.34	-275.70	-278.99

Krispy Kreme Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Krispy Kreme (NAS:DNUT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Krispy Kreme (Krispy Kreme) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Krispy Kreme Inc (NAS:DNUT) » Definitions » Retained Earnings

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9YM:Germany

Address

2116 Hawkins Street, Charlotte, NC, USA, 28203

Website

https://www.krispykreme.com

Krispy Kreme Inc is a sweet treat brands company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in- your-mouth experience. It operates in 30 countries through its network of fresh Doughnut Shops, partnerships with retailers, and a growing ecommerce and delivery business. The company conducts its business through the following three reported segments namely U.S. and Canada, includes all operations in the U.S. and Canada, Insomnia Cookies shops, and the Branded Sweet Treat Line; International includes operations in the U.K., Ireland, Australia, New Zealand, and Mexico; and Market Development includes franchise operations across the globe, as well as operations in Japan.

Executives

Raphael Duvivier	officer: Chief Development Officer	2116 HAWKINS STREET, CHARLOTTE NC 28203
Kelly P Mcbride	officer: Chief Accounting Officer	2116 HAWKINS STREET, CHARLOTTE NC 28203
Jeremiah Ashukian	officer: EVP & Chief Financial Officer	2116 HAWKINS STREET, CHARLOTTE NC 28203
Philip Telfer	director	356 STATE STREET, EAST ALBURY C3 NSW 2640
Michael J. Tattersfield	director, officer: President and CEO	2285 CLARK DRIVE, VANCOUVER A1 V5N 3G9
Gerhard W. Pleuhs	director	C/O KRAFT FOODS INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Marissa Andrada	director	C/O KATE SPADE & COMPANY 2 PARK AVENUE, NEW YORK NY 10016
Jab Indulgence B.v.	10 percent owner	14TH FLOOR, 20 EASTBOURNE TERRACE, LONDON X0 W2 6LG
Olivier Goudet	director, other: Chairman of the Board	350 FIFTH AVENUE, NEW YORK NY 10118
Jab Holdings B.v.	10 percent owner	PIET HEINKADE 55, AMSTERDAM P7 NL 1019 GM
Debbie Sharell Roberts	director	204 W. 59TH STREET, BURR RIDGE IL 60527
Patricia Capel	director	C/O KRISPY KREME, INC., 2116 HAWKINS STREET, CHARLOTTE NC 28203
Josh Charlesworth	officer: COO and CFO	C/O KRISPY KREME, INC., 2116 HAWKINS STREET, CHARLOTTE NC 28203
David J. Deno	director	111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402
Andrew G Skehan	officer: North America President	5555 GLENRIDGE CONNECTOR, NE, SUITE 300, ATLANTA GA 30342