DAVIDsTEA (DAVIDsTEA) Retained Earnings : $-60.02 Mil (As of Oct. 2022)

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What is DAVIDsTEA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DAVIDsTEA's retained earnings for the quarter that ended in Oct. 2022 was $-60.02 Mil.

DAVIDsTEA's quarterly retained earnings declined from Apr. 2022 ($-57.53 Mil) to Jul. 2022 ($-59.88 Mil) and declined from Jul. 2022 ($-59.88 Mil) to Oct. 2022 ($-60.02 Mil).

DAVIDsTEA's annual retained earnings declined from Jan. 2020 ($-70.50 Mil) to Jan. 2021 ($-116.36 Mil) but then increased from Jan. 2021 ($-116.36 Mil) to Jan. 2022 ($-55.99 Mil).

DAVIDsTEA Retained Earnings Historical Data

The historical data trend for DAVIDsTEA'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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DAVIDsTEA Retained Earnings Chart

DAVIDsTEA Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Retained Earnings

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-11.84

-36.06

-70.50

-116.36

-55.99

DAVIDsTEA Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
Retained Earnings	Get a 7-Day Free Trial															-57.69	-55.99	-57.53	-59.88	-60.02

DAVIDsTEA 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.

DAVIDsTEA (OTCPK:DTEAF) 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.

DAVIDsTEA (DAVIDsTEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DAVIDsTEA Inc (OTCPK:DTEAF) » Definitions » Retained Earnings

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Address

5430 Ferrier Street, Mount-Royal, QC, CAN, H4P 1M2

Website

https://www.davidstea.com

DAVIDsTEA Inc is a company functional in Canada's packaged foods market. Operating as a branded retailer of different types of tea, the company serves through DAVIDsTEA stores and its website, davidstea.com. Its business involves the sale of three main products; Tea, Tea Accessories and Food and Beverages. Tea products such as loose-leaf teas, pre-packaged teas, and tea sachets account for the majority of the company's sales. The Company has two operating segments, Canada, and the U.S; that derive their revenues from various distribution channels including online, retail and wholesale. The Company derives revenue from Tea, Tea accessories and Food and beverages products. Majority revenue is derived from Tea products.