GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Simply Good Foods Co (STU:76L) » Definitions » Retained Earnings

The Simply Good Foods Co (STU:76L) Retained Earnings : €386 Mil (As of Feb. 2024)


View and export this data going back to 2017. Start your Free Trial

What is The Simply Good Foods Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Simply Good Foods Co's retained earnings for the quarter that ended in Feb. 2024 was €386 Mil.

The Simply Good Foods Co's quarterly retained earnings increased from Aug. 2023 (€319 Mil) to Nov. 2023 (€354 Mil) and increased from Nov. 2023 (€354 Mil) to Feb. 2024 (€386 Mil).

The Simply Good Foods Co's annual retained earnings increased from Aug. 2021 (€90 Mil) to Aug. 2022 (€212 Mil) and increased from Aug. 2022 (€212 Mil) to Aug. 2023 (€319 Mil).


The Simply Good Foods Co Retained Earnings Historical Data

The historical data trend for The Simply Good Foods Co'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.

The Simply Good Foods Co Retained Earnings Chart

The Simply Good Foods Co Annual Data
Trend Aug16 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Retained Earnings
Get a 7-Day Free Trial -0.64 54.86 89.94 211.59 319.08

The Simply Good Foods Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 257.68 286.41 319.08 354.37 386.23

The Simply Good Foods Co 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.


The Simply Good Foods Co  (STU:76L) 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.


The Simply Good Foods Co (STU:76L) Business Description

Traded in Other Exchanges
Address
1225, 17th Street, Suite 1000, Denver, CO, USA, 80202
The Simply Good Foods Co is a consumer packaged food and beverage company. It provides low-carbohydrate, high protein bars, shakes, and other products such as confections, chips, and cookies under the Atkins and Quest brands. The company distributes its products in retail channels, predominantly in North America, including grocery, club, and mass merchandise, as well as through e-commerce, convenience, and other channels.

The Simply Good Foods Co (STU:76L) Headlines

No Headlines