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Almacenes Exito (BOG:EXITO) Retained Earnings : COP354,862 Mil (As of Mar. 2024)


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What is Almacenes Exito Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Almacenes Exito's retained earnings for the quarter that ended in Mar. 2024 was COP354,862 Mil.

Almacenes Exito's quarterly retained earnings increased from Sep. 2023 (COP422,263 Mil) to Dec. 2023 (COP534,333 Mil) but then declined from Dec. 2023 (COP534,333 Mil) to Mar. 2024 (COP354,862 Mil).

Almacenes Exito's annual retained earnings declined from Dec. 2021 (COP888,645 Mil) to Dec. 2022 (COP515,564 Mil) but then increased from Dec. 2022 (COP515,564 Mil) to Dec. 2023 (COP534,333 Mil).


Almacenes Exito Retained Earnings Historical Data

The historical data trend for Almacenes Exito'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.

Almacenes Exito Retained Earnings Chart

Almacenes Exito Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 618,031.00 643,306.00 888,645.00 515,564.00 534,333.00

Almacenes Exito Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 461,102.00 453,713.00 422,263.00 534,333.00 354,862.00

Almacenes Exito 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.


Almacenes Exito  (BOG:EXITO) 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.


Almacenes Exito (BOG:EXITO) Business Description

Traded in Other Exchanges
Address
Carrera 48 No. 32 B Sur 139, Avenida Las Vegas, Envigado, COL, 3479
Almacenes Exito SA is a Colombian retailer that operates in its homeland and overseas. The company operates stores under Grupo Exito in Colombia; Grupo Pao de Acucar in Brazil; Libertad in Argentina; and Disco, Devoto and Geant chains in Uruguay. Exito has a omnichannel, multiformat, and multibrand model. The company has e-commerce operations in Columbia under www.exito.com, www.carulla.com, and cdiscount.com.co, and in Brazil under Cnova.com. Its store offerings include groceries and food, clothing, home appliances, personal care products, and home-entertainment electronic and digital products.

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