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L'Occitane International (L'Occitane International) Retained Earnings : $1,186 Mil (As of Sep. 2023)


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What is L'Occitane International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. L'Occitane International's retained earnings for the quarter that ended in Sep. 2023 was $1,186 Mil.

L'Occitane International's quarterly retained earnings increased from Sep. 2022 ($1,056 Mil) to Mar. 2023 ($1,199 Mil) but then declined from Mar. 2023 ($1,199 Mil) to Sep. 2023 ($1,186 Mil).

L'Occitane International's annual retained earnings increased from Mar. 2021 ($1,087 Mil) to Mar. 2022 ($1,209 Mil) but then declined from Mar. 2022 ($1,209 Mil) to Mar. 2023 ($1,199 Mil).


L'Occitane International Retained Earnings Historical Data

The historical data trend for L'Occitane International'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.

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L'Occitane International Retained Earnings Chart

L'Occitane International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 818.23 882.03 1,087.29 1,209.12 1,199.30

L'Occitane International Semi-Annual Data
Mar14 Sep14 Mar15 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 1,080.96 1,209.12 1,056.21 1,199.30 1,186.38

L'Occitane International 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.


L'Occitane International  (OTCPK:LCCTF) 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.


L'Occitane International (L'Occitane International) Business Description

Traded in Other Exchanges
Address
49, Boulevard Prince Henri, Luxembourg, LUX, L-1724
L'Occitane International manufactures and sells beauty and well-being products with natural and organic ingredients. It currently has seven brands: L'Occitane en Provence, Elemis, Sol de Janeiro, Grown Alchemist, Melvita, Erborian, and LimeLife. L'Occitane en Provence is the core brand and contributed 76% to group sales in the financial year ended March 2022. The company sells its products mainly through its own retail stores but also through distributors and other channels. It has a global presence; its top three markets are the United States, Japan, and China.

L'Occitane International (L'Occitane International) Headlines