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Bridgford Foods (Bridgford Foods) Retained Earnings : $124.0 Mil (As of Jan. 2024)


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What is Bridgford Foods Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bridgford Foods's retained earnings for the quarter that ended in Jan. 2024 was $124.0 Mil.

Bridgford Foods's quarterly retained earnings increased from Jul. 2023 ($0.0 Mil) to Oct. 2023 ($122.8 Mil) and increased from Oct. 2023 ($122.8 Mil) to Jan. 2024 ($124.0 Mil).

Bridgford Foods's annual retained earnings increased from Oct. 2021 ($74.3 Mil) to Oct. 2022 ($119.3 Mil) and increased from Oct. 2022 ($119.3 Mil) to Oct. 2023 ($122.8 Mil).


Bridgford Foods Retained Earnings Historical Data

The historical data trend for Bridgford 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.

Bridgford Foods Retained Earnings Chart

Bridgford Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.43 79.76 74.25 119.32 122.79

Bridgford Foods 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 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 120.25 - - 122.79 124.03

Bridgford 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.


Bridgford Foods  (NAS:BRID) 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.


Bridgford Foods (Bridgford Foods) Business Description

Traded in Other Exchanges
N/A
Address
1707 South Good-Latimer Expressway, Dallas, TX, USA, 75226
Bridgford Foods Corp manufactures, markets, and distributes frozen and snack food products in the United States. The business segments are processing and distribution of frozen products, and processing and distribution of snack food products. It includes products such as biscuits, bread dough items, roll dough items, dry sausage products, and beef jerky. The company offers frozen food products to the foodservice and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. It derives a majority of its revenue from snack food products.
Executives
Richard Eugene Bridgford other: VP, Ind. Relations & Safety 170 N GREEN ST, CHICAGO IL 60607
Brian E. Bridgford other: V.P. Production 170 N. GREEN STREET, CHICAGO IL 60661
Juan Luis Silva other: V.P. Plant Superintendent 3414 STONE CREEK DR, JOLIET IL 60435
Allan Jr. Bridgford director 515 MARGUERITE AVENUE, CORONA DEL MAR CA 92625
Dennis Gregory Scott director 9595 WILSHIRE BLVD., SUITE 710, BEVERLY HILLS CA 90212
Baron Bridgford other: President, BFI. P.O. BOX 3773, ANAHEIM CA 92803
Christopher William Cole other: Senior Vice President 1415 W. 44TH STREET, CHICAGO IL 60609
Bridgford Baron R.h. Ii officer: President 1415 W. 44TH STREET, CHICAGO IL 60609
Cindy Matthews-morales officer: CFO, Secretary 1308 N. PATT STREET, ANAHEIM CA 92801
Michael W. Bridgford officer: Chairman of the Board 1308 N. PATT STREET, ANAHEIM CA 92801
Mary S Schott director 2990 AIRWAY AVENUE, BUILDING A, COSTA MESA CA 92626
Debra Aileen Dealcuaz other: Treasurer, Bridgford Indust. 6432 CONNIE LANE, ROCKWALL TX 75032
Bruce Bridgford director P.O. BOX 3773, ANAHEIM CA 92803
William L Bridgford director, officer: Chairman P.O. BOX 3773, ANAHEIM CA 92803
Raymond F. Lancy director, officer: CFO, TREAS, ASST SEC 1308 N. PATT ST.,, ANAHEIM CA 92801

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