Movado Group (FRA:MV4) Retained Earnings : €433.8 Mil (As of Apr. 2024)

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What is Movado Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Movado Group's retained earnings for the quarter that ended in Apr. 2024 was €433.8 Mil.

Movado Group's quarterly retained earnings declined from Oct. 2023 (€441.2 Mil) to Jan. 2024 (€431.8 Mil) but then increased from Jan. 2024 (€431.8 Mil) to Apr. 2024 (€433.8 Mil).

Movado Group's annual retained earnings increased from Jan. 2022 (€365.6 Mil) to Jan. 2023 (€442.4 Mil) but then declined from Jan. 2023 (€442.4 Mil) to Jan. 2024 (€431.8 Mil).

Movado Group Retained Earnings Historical Data

The historical data trend for Movado 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.

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Movado Group Retained Earnings Chart

Movado Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Retained Earnings

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410.39

280.49

365.61

442.43

431.75

Movado 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															415.85	412.48	441.23	431.75	433.79

Movado 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.

Movado Group (FRA:MV4) 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.

Movado Group (FRA:MV4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Movado Group Inc (FRA:MV4) » Definitions » Retained Earnings

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MOV:USA

Address

650 From Road, Suite 375, Paramus, NJ, USA, 07652-3556

Website

https://www.movadogroup.com

Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.

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