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J&J Snack Foods (J&J Snack Foods) Retained Earnings : $800 Mil (As of Dec. 2023)


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What is J&J Snack Foods Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. J&J Snack Foods's retained earnings for the quarter that ended in Dec. 2023 was $800 Mil.

J&J Snack Foods's quarterly retained earnings increased from Jun. 2023 ($791 Mil) to Sep. 2023 ($807 Mil) but then declined from Sep. 2023 ($807 Mil) to Dec. 2023 ($800 Mil).

J&J Snack Foods's annual retained earnings declined from Sep. 2021 ($785 Mil) to Sep. 2022 ($783 Mil) but then increased from Sep. 2022 ($783 Mil) to Sep. 2023 ($807 Mil).


J&J Snack Foods Retained Earnings Historical Data

The historical data trend for J&J Snack 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.

* Premium members only.

J&J Snack Foods Retained Earnings Chart

J&J Snack Foods Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 801.00 775.82 785.44 782.86 807.13

J&J Snack Foods 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 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 776.03 769.42 790.92 807.13 800.18

J&J Snack 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.


J&J Snack Foods  (NAS:JJSF) 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.


J&J Snack Foods (J&J Snack Foods) Business Description

Traded in Other Exchanges
Address
350 Fellowship Road, Mt. Laurel, NJ, USA, 08054
J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.
Executives
Dan Fachner officer: President, ICEE 1205 DUPONT CIRCLE, ONTARIO CA 91761-7817
Marjorie Shreiber Roshkoff director 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Mary Lou Kehoe officer: VP, Human Resources 9 GITHENS LANE, LUMBERTON NJ 08048
Stephen Every officer: COO, The ICEE Co C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Robert Cranmer officer: Senior VP, Operations 3 EAST DICKENS COURT, JACKSON NJ 08527
Mary Meder director 201 S. 18TH ST #2416, PHILADELPHIA PA 19103
Gerald B Shreiber director, 10 percent owner, officer: President and CEO 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Roy Christopher Jackson director 1040 BRICKYARD LANE, GREENSBORO GA 30642
Michael A Pollner officer: SVP, General Counsel & Secy. C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Robert Joseph Pape officer: Senior Vice President 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
2021 Irrevocable Trust For Gerald B. Shreiber 10 percent owner 6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Lynwood Mallard officer: Senior Vice President and CMO C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Dennis G Moore director, officer: Sr. Vice President 6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Robert M Radano director, officer: Senior Vice President 6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Ken Allen Plunk officer: Senior Vice President and CFO 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109