Shoe Zone (LSE:SHOE) Retained Earnings : £25.5 Mil (As of Mar. 2024)

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What is Shoe Zone Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shoe Zone's retained earnings for the quarter that ended in Mar. 2024 was £25.5 Mil.

Shoe Zone's quarterly retained earnings increased from Mar. 2023 (£24.0 Mil) to Sep. 2023 (£29.8 Mil) but then declined from Sep. 2023 (£29.8 Mil) to Mar. 2024 (£25.5 Mil).

Shoe Zone's annual retained earnings increased from Sep. 2021 (£20.5 Mil) to Sep. 2022 (£33.4 Mil) but then declined from Sep. 2022 (£33.4 Mil) to Sep. 2023 (£29.8 Mil).

Shoe Zone Retained Earnings Historical Data

The historical data trend for Shoe Zone'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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Shoe Zone Retained Earnings Chart

Shoe Zone Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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26.62

9.35

20.51

33.43

29.78

Shoe Zone Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	Get a 7-Day Free Trial															25.92	33.43	24.03	29.78	25.51

Shoe Zone 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.

Shoe Zone (LSE:SHOE) 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.

Shoe Zone (LSE:SHOE) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoe Zone PLC (LSE:SHOE) » Definitions » Retained Earnings

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86W:Germany

Address

Humberstone Road, Haramead Business Centre, Leicester, Leicestershire, GBR, LE1 2LH

Website

https://www.shoezone.com

Shoe Zone PLC operates as a footwear retailer offering a wide range and a variety of shoes for all ages, it functions with over 500 stores across the UK. The group has a single distribution center which is located in Leicester, England. Its online offering combined with its store portfolio allows customers to shop via multiple channels. Shoe zone and its subsidiaries operate in the United Kingdom and the Republic of Ireland. The majority of the revenue is generated from the United Kingdom store.

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