Cal-Maine Foods (Cal-Maine Foods) Retained Earnings

: $1,681 Mil (As of Feb. 2024)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cal-Maine Foods's retained earnings for the quarter that ended in Feb. 2024 was $1,681 Mil.

Cal-Maine Foods's quarterly retained earnings increased from Aug. 2023 ($1,572 Mil) to Nov. 2023 ($1,583 Mil) and increased from Nov. 2023 ($1,583 Mil) to Feb. 2024 ($1,681 Mil).

Cal-Maine Foods's annual retained earnings increased from May. 2021 ($976 Mil) to May. 2022 ($1,066 Mil) and increased from May. 2022 ($1,066 Mil) to May. 2023 ($1,571 Mil).

Cal-Maine Foods Retained Earnings Historical Data

The historical data trend for Cal-Maine Foods'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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Cal-Maine Foods Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Retained Earnings

954.53

975.15

975.98

1,065.85

1,571.11

Cal-Maine Foods Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings																1,497.33	1,571.11	1,571.74	1,583.07	1,680.89

Cal-Maine Foods 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.

Cal-Maine Foods (NAS:CALM) 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.

Cal-Maine Foods (Cal-Maine Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cal-Maine Foods Inc (NAS:CALM) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

CM2:Germany CM2:Germany

Address

1052 Highland Colony Parkway, Suite 200, Ridgeland, MS, USA, 39157

Website

https://www.calmainefoods.com

Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.

Executives

Charles Jeff Hardin	officer: Vice President Marketing	3650 GUENTHER ROAD, LAGRANGE TX 78945
Michael Todd Walters	officer: COO	1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157
Letitia Callender Hughes	director	48 AVERY CIRCLE, JACKSON MS 39211
James E Poole	director	PO BOX 5167, JACKSON MS 39296
Matthew Samuel Glover	officer: Vice President - Accounting	1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157
Camille S Young	director	2992 WEST BEACH BLVD, GULFPORT MS 39501
Adolphus B Baker	director, 10 percent owner, officer: Chairman, President & CEO	P. O. BOX 2960, JACKSON MS 39207
Jean Morris Adams	10 percent owner	312 VIEWPOINTE PLACE, CLINTON MS 39056
Holladay Robert L Jr	officer: VP - General Counsel	3320 W. WOODROW WILSON AVE, JACKSON MS 39209
Max P Bowman	director, officer: Vice President, CFO, Sec/Treas	3320 W. WOODROW WILSON AVE., JACKSON MS 39209
Dlnl, Llc	10 percent owner	3320 W. WOODROW WILSON AVE., JACKSON MS 39209
Adams Fred R Jr	10 percent owner	C/O CM FOODS, PO BOX 2960, JACKSON MS 39207
Steve W Sanders	director	2 OAKLEIGH PLACE, JACKSON MS 39211
Michael D Castleberry	officer: Vice President, Controller	3320 W. WOODROW WILSON AVE, JACKSON MS 39209
Timothy A Dawson	director, officer: Vice President, CFO, Sec/Treas	CAL-MAINE FOODS, INC., PO BOX 2960, JACKSON MS 39207