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Destination XL Group (FRA:DE2A) Retained Earnings : €-40.2 Mil (As of Apr. 2024)


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What is Destination XL Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Destination XL Group's retained earnings for the quarter that ended in Apr. 2024 was €-40.2 Mil.

Destination XL Group's quarterly retained earnings increased from Oct. 2023 (€-49.4 Mil) to Jan. 2024 (€-43.1 Mil) and increased from Jan. 2024 (€-43.1 Mil) to Apr. 2024 (€-40.2 Mil).

Destination XL Group's annual retained earnings increased from Jan. 2022 (€-144.9 Mil) to Jan. 2023 (€-69.4 Mil) and increased from Jan. 2023 (€-69.4 Mil) to Jan. 2024 (€-43.1 Mil).


Destination XL Group Retained Earnings Historical Data

The historical data trend for Destination XL Group'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.

* Premium members only.

Destination XL Group Retained Earnings Chart

Destination XL Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -140.61 -181.11 -144.87 -69.37 -43.06

Destination XL Group Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -61.82 -50.77 -49.37 -43.06 -40.18

Destination XL Group 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.


Destination XL Group  (FRA:DE2A) 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.


Destination XL Group (FRA:DE2A) Business Description

Traded in Other Exchanges
Address
555 Turnpike Street, Canton, MA, USA, 02021
Destination XL Group Inc is a retailer of branded and designer men's clothing and footwear in the United States. The company sells shirts, outerwear, suits, sleepwear, footwear and other accessories through branded stores like Polo, Reebok, Oak Hill, Robert Graham, Lacoste, Levi's and True Nation. It also sells products across the world.

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