Crown Crafts (Crown Crafts) Retained Earnings : $9.22 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Crown Crafts's retained earnings for the quarter that ended in Dec. 2023 was $9.22 Mil.

Crown Crafts's quarterly retained earnings increased from Jun. 2023 ($7.33 Mil) to Sep. 2023 ($8.33 Mil) and increased from Sep. 2023 ($8.33 Mil) to Dec. 2023 ($9.22 Mil).

Crown Crafts's annual retained earnings increased from Mar. 2021 ($2.19 Mil) to Mar. 2022 ($5.36 Mil) and increased from Mar. 2022 ($5.36 Mil) to Mar. 2023 ($7.78 Mil).

Crown Crafts Retained Earnings Historical Data

The historical data trend for Crown Crafts'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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Crown Crafts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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0.34

1.11

2.19

5.36

7.78

Crown Crafts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															7.76	7.78	7.33	8.33	9.22

Crown Crafts 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.

Crown Crafts (NAS:CRWS) 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.

Crown Crafts (Crown Crafts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Crown Crafts Inc (NAS:CRWS) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

916 S. Burnside Avenue, Gonzales, LA, USA, 70737

Website

https://www.crowncrafts.com

Crown Crafts Inc operates in the infant and toddler products segment of the consumer products industry through its wholly-owned subsidiaries. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft bath products, disposable products, and accessories. The company serves a diverse range of customers including mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs, and internet-based retailers. The company's brands include NoJo, Neat Solutions, Sassy, and Carousel. Its products are marketed under a variety of company-owned trademarks, under trademarks licensed from others, and as private-label goods.

Executives

Donald R Ratajczak	director	THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337
Zenon S Nie	director
Michael Benstock	director	C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
E Randall Chestnut	director, officer: President and CEO
Craig Demarest	officer: VP and CFO	C/O TIDEWATER, INC, 601 POYDRAS STREET, SUITE 1900, NEW ORLEANS LA 70130
Nanci Freeman	officer: Pres & CEO/Infant Products Div	5882 BOLSA AVE SUITE 100, HUNTINGTON CA 92849
Donna Sheridan	officer: Pres & CEO / NoJo Baby & Kids	711 WEST WALNUT STREET, COMPTON CA 90220
Patricia Stensrud	director	P.O. BOX 1028, GONZALES LA 70707
Kenneth C. Cowart	officer: Director, Information Systems	P.O. BOX 1028, GONZALES LA 70707
Stephen Guyer	officer: VP Procurement/Infant Products	711 WEST WALNUT STREET, COMPTON CA 90220
Susan I. Christensen	officer: VP Sales/Infant Products Div	711 WEST WALNUT STREET, COMPTON CA 90220
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Debra Dunne	officer: VP Design/Infant Products Div	711 WEST WALNUT STREET, COMPTON CA 90220
Melvin L Keating	director	18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Jon C Biro	director	5858 WESTHEIMER, SUITE 200, HOUSTON TX 77057