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Premier Foods (Premier Foods) Retained Earnings : $1,105 Mil (As of Sep. 2023)


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What is Premier Foods Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Premier Foods's retained earnings for the quarter that ended in Sep. 2023 was $1,105 Mil.

Premier Foods's quarterly retained earnings declined from Sep. 2022 ($1,238 Mil) to Mar. 2023 ($1,178 Mil) and declined from Mar. 2023 ($1,178 Mil) to Sep. 2023 ($1,105 Mil).

Premier Foods's annual retained earnings increased from Mar. 2021 ($1,047 Mil) to Mar. 2022 ($1,419 Mil) but then declined from Mar. 2022 ($1,419 Mil) to Mar. 2023 ($1,178 Mil).


Premier Foods Retained Earnings Historical Data

The historical data trend for Premier 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.

Premier Foods Retained Earnings Chart

Premier Foods Annual Data
Trend Dec12 Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,149.80 -193.81 1,047.30 1,418.58 1,178.28

Premier Foods Semi-Annual Data
Jun13 Dec13 Jun14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1,079.12 1,418.58 1,237.94 1,178.28 1,104.95

Premier 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.


Premier Foods  (OTCPK:PRRFY) 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.


Premier Foods (Premier Foods) Business Description

Traded in Other Exchanges
Address
Premier House, Griffiths Way, Centrium Business Park, Saint Albans, Hertfordshire, GBR, AL1 2RE
Premier Foods PLC is a food manufacturing company. It manufactures, processes, and distributes food products. The company's operating segments include Grocery and Sweet Treats. Grocery segment primarily sells savoury ambient food products. The Sweet Treats segment sells sweet ambient food products. It generates maximum revenue from the Grocery segment. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Other Europe and Rest of world. Some of the company brands include Ambrosia, Angel Delight, Atora, Batchelors, Be-Ro, Bird's, Bisto, Cadbury, Coffee Compliment, Homepride, and others.

Premier Foods (Premier Foods) Headlines

From GuruFocus

John Paulson Urges Premier Foods to Take Buyout Offer

By Holly LaFon Holly LaFon 03-28-2016

Premier Foods Gets a Write-Up in Barron's

By Holmes Osborne, CFA Holmes Osborne, CFA 01-13-2020