Starbucks (BSP:SBUB34) Retained Earnings : R$-39,676 Mil (As of Dec. 2023)

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What is Starbucks Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Starbucks's retained earnings for the quarter that ended in Dec. 2023 was R$-39,676 Mil.

Starbucks's quarterly retained earnings increased from Jun. 2023 (R$-36,939 Mil) to Sep. 2023 (R$-35,834 Mil) but then declined from Sep. 2023 (R$-35,834 Mil) to Dec. 2023 (R$-39,676 Mil).

Starbucks's annual retained earnings declined from Sep. 2021 (R$-33,341 Mil) to Sep. 2022 (R$-44,307 Mil) but then increased from Sep. 2022 (R$-44,307 Mil) to Sep. 2023 (R$-35,834 Mil).

Starbucks Retained Earnings Historical Data

The historical data trend for Starbucks'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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Starbucks Retained Earnings Chart

Starbucks Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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-23,774.46

-42,204.24

-33,340.58

-44,307.37

-35,834.22

Starbucks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-43,029.07	-41,796.93	-36,939.08	-35,834.22	-39,676.13

Starbucks 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.

Starbucks (BSP:SBUB34) 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.

Starbucks (BSP:SBUB34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Starbucks Corp (BSP:SBUB34) » Definitions » Retained Earnings

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Traded in Other Exchanges

SBUX:USA SBUX:Peru SBUX:Mexico SBUX_KZ:Kazakhstan SBUX:Italy SRBd:UK 0QZH:UK SRB:Germany SBUX:Chile SBUX:Canada SBUX:Austria SBUX:Argentina

Address

2401 Utah Avenue South, Seattle, WA, USA, 98134

Website

https://www.starbucks.com

Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

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