Academy Sports and Outdoors (NAS:ASO) Retained Earnings

: $1,411 Mil (As of Jan. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Academy Sports and Outdoors's retained earnings for the quarter that ended in Jan. 2023 was $1,411 Mil.

Academy Sports and Outdoors's quarterly retained earnings increased from Jul. 2022 ($1,324 Mil) to Oct. 2022 ($1,354 Mil) and increased from Oct. 2022 ($1,354 Mil) to Jan. 2023 ($1,411 Mil).

Academy Sports and Outdoors's annual retained earnings increased from Jan. 2021 ($987 Mil) to Jan. 2022 ($1,268 Mil) and increased from Jan. 2022 ($1,268 Mil) to Jan. 2023 ($1,411 Mil).

Academy Sports and Outdoors Retained Earnings Historical Data

The historical data trend for Academy Sports and Outdoors'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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Academy Sports and Outdoors Annual Data

Trend

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Retained Earnings

987.17

1,268.06

1,411.33

Academy Sports and Outdoors Quarterly Data
	Jan18	Jan19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Retained Earnings													1,268.06	1,328.10	1,323.96	1,354.41	1,411.33

Academy Sports and Outdoors 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.

Academy Sports and Outdoors (NAS:ASO) 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.

Academy Sports and Outdoors (NAS:ASO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Academy Sports and Outdoors Inc (NAS:ASO) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

1800 North Mason Road, Katy, TX, USA, 77449

Website

https://www.academy.com

Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The company offers outdoor clothing, backpacks, sunglasses, luggage items, shooting equipment, fishing equipment, boating and water sports equipment, backyard recreation products, outdoor cooking equipment, fitness equipment, electronic items, dog supplies, and other products.

Executives

Theresa Palermo	director	12420 STONEBRIDGE RD, ROANKE IN 46783
Christopher Lee Turner	director	1441 GARDINER LANE, LOUISVILLE KY 40213
Sharen J Turney	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Beryl Raff	director	5555 DARROW RD, HUDSON OH 44236
Thomas M Nealon	director	6501 LEGACY DRIVE, PLANO TX 75024
Sherry L. Harriman	officer: SVP, Logistics & Supply Chain	C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Wendy A. Beck	director	C/O NORWEGIAN CRUISE LINE HOLDINGS LTD., 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Kkr 2006 Allstar Blocker L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr 2006 Fund (allstar) L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Heather A. Davis	officer: VP, Controller	C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Allstar Llc	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Allstar Co-invest Gp Llc	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Jeffrey C. Tweedy	director	C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
William S. Ennis	officer: See Remarks	C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Allstar Co-invest Blocker L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001