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Big Lots (Big Lots) Retained Earnings : $2,751 Mil (As of Jan. 2024)


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What is Big Lots Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Big Lots's retained earnings for the quarter that ended in Jan. 2024 was $2,751 Mil.

Big Lots's quarterly retained earnings increased from Jul. 2023 ($2,775 Mil) to Oct. 2023 ($2,781 Mil) but then declined from Oct. 2023 ($2,781 Mil) to Jan. 2024 ($2,751 Mil).

Big Lots's annual retained earnings declined from Jan. 2022 ($3,487 Mil) to Jan. 2023 ($3,240 Mil) and declined from Jan. 2023 ($3,240 Mil) to Jan. 2024 ($2,751 Mil).


Big Lots Retained Earnings Historical Data

The historical data trend for Big Lots'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.

Big Lots Retained Earnings Chart

Big Lots Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,769.79 3,351.00 3,487.27 3,240.19 2,750.75

Big Lots 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 3,240.19 3,025.00 2,775.29 2,781.45 2,750.75

Big Lots 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.


Big Lots  (NYSE:BIG) 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.


Big Lots (Big Lots) Business Description

Traded in Other Exchanges
Address
4900 East Dublin-Granville Road, Columbus, OH, USA, 43081
Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.
Executives
Christopher J Mccormick director 669 HALYARD LANE, LONGBOAT KEY FL 34228
Sebastian Digrande director 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Michael Allen Schlonsky officer: Senior Vice President 300 PHILLIPI ROAD, COLUMBUS OH 43228
Robins Ronald A Jr officer: Senior Vice President 6301 FITCH PATH, NEW ALBANY OH 43054
Bruce K Thorn director, officer: CEO & President 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Margarita Giannantonio officer: Executive Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Nicholas E Padovano officer: Senior Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Gurmeet Singh officer: Executive Vice President 2 FOLSOM ST, SAN FRANCISCO CA 94105
Sandra Yvette Campos director 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Kimberley Alexis Newton director 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
James R Chambers director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, SUITE 110, PARSIPPANY NJ 07054
Cynthia T Jamison director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Gene Eddie Burt officer: Executive Vice President 19601 N 27TH AVE, PHOENIX AZ 85027
Wendy Lee Schoppert director 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Jack Anthony Pestello officer: Executive Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081