Citi Trends (Citi Trends) Retained Earnings : $319.1 Mil (As of Jan. 2024)

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What is Citi Trends Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Citi Trends's retained earnings for the quarter that ended in Jan. 2024 was $319.1 Mil.

Citi Trends's quarterly retained earnings declined from Jul. 2023 ($319.4 Mil) to Oct. 2023 ($315.5 Mil) but then increased from Oct. 2023 ($315.5 Mil) to Jan. 2024 ($319.1 Mil).

Citi Trends's annual retained earnings increased from Jan. 2022 ($272.2 Mil) to Jan. 2023 ($331.1 Mil) but then declined from Jan. 2023 ($331.1 Mil) to Jan. 2024 ($319.1 Mil).

Citi Trends Retained Earnings Historical Data

The historical data trend for Citi Trends'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.

Citi Trends Retained Earnings Chart

Citi Trends Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Retained Earnings

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186.77

209.92

272.16

331.05

319.07

Citi Trends Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															331.05	324.42	319.38	315.52	319.07

Citi Trends 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.

Citi Trends (NAS:CTRN) 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.

Citi Trends (Citi Trends) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citi Trends Inc (NAS:CTRN) » Definitions » Retained Earnings

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Traded in Other Exchanges

WW2:Germany

Address

104 Coleman Boulevard, Savannah, GA, USA, 31408

Website

https://www.cititrends.com

Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books, and toys.

Executives

Fund 1 Investments, Llc	10 percent owner	100 CARR 115, UNIT 1900, RINCON PR 00677
Jonathan Duskin	director	MACELLUM CAPITAL MANAGEMENT, LLC, 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013
Pleasant Lake Partners Llc	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
Pleasant Lake Onshore Feeder Fund Lp	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
Vivek Bhargava	officer: SVP, Supply Chain Operations	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ivy D Council	officer: SR VP of HR, Chief Compl Offcr	C/O CITI TRENDS, INC., 102 FAHM STREET, SAVANNAH GA 31401
David N. Makuen	director, officer: Chief Executive Officer	C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Heather L Plutino	officer: EVP and CFO	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Brian Carney	director	5555 DARROW RD, HUDSON OH 44236
Laurens Goff	director	C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Jessica Berkowitz	officer: SVP, Planning and Allocation	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Kenneth Duane Seipel	director	26972 BURBANK, FOOTHILL RANCH CA 92610
Christina M Francis	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Lisa A. Powell	officer: Chief Merchandising Officer	C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Charles J. Hynes	officer: Senior VP - Supply Chain	CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408