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JD Sports Fashion (JD Sports Fashion) Retained Earnings : $2,827 Mil (As of Jul. 2023)


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What is JD Sports Fashion Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JD Sports Fashion's retained earnings for the quarter that ended in Jul. 2023 was $2,827 Mil.

JD Sports Fashion's quarterly retained earnings declined from Jul. 2022 ($2,490 Mil) to Jan. 2023 ($2,462 Mil) but then increased from Jan. 2023 ($2,462 Mil) to Jul. 2023 ($2,827 Mil).

JD Sports Fashion's annual retained earnings increased from Jan. 2021 ($2,129 Mil) to Jan. 2022 ($2,589 Mil) but then declined from Jan. 2022 ($2,589 Mil) to Jan. 2023 ($2,462 Mil).


JD Sports Fashion Retained Earnings Historical Data

The historical data trend for JD Sports Fashion'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.

JD Sports Fashion Retained Earnings Chart

JD Sports Fashion Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,311.36 1,628.37 2,129.33 2,588.89 2,461.93

JD Sports Fashion Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 2,444.20 2,588.89 2,490.17 2,461.93 2,826.80

JD Sports Fashion 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.


JD Sports Fashion  (OTCPK:JDSPY) 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.


JD Sports Fashion (JD Sports Fashion) Business Description

Traded in Other Exchanges
Address
Hollinsbrook Way, Pilsworth, Bury, Lancashire, GBR, BL9 8RR
JD Sports Fashion PLC is a U.K. retailer of branded sportswear and fashionwear. The company has stores in the United Kingdom, mainland Europe, and outside Europe. The offering includes international brands, such as Adidas, Nike and The North Face, and own-brand labels, such as McKenzie, Carbrini, Supply & Demand and The Duffer of St George. The store network consists of various shops: Size?, Footpatrol, Chausport, Sprinter, Scotts, Tessuti, Cloggs, Mainline, and Ultimate Outdoors, among others. Stores are specialized: Footpatrol is a sneaker provider; Size? offers footwear, apparel, and accessories; and Chausport operates throughout France selling international footwear brands, such as Nike.

JD Sports Fashion (JD Sports Fashion) Headlines

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