Empire Co (Empire Co) Retained Earnings : $2,557 Mil (As of Jan. 2024)

View and export this data going back to . Start your Free Trial

What is Empire Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Empire Co's retained earnings for the quarter that ended in Jan. 2024 was $2,557 Mil.

Empire Co's quarterly retained earnings declined from Jul. 2023 ($2,545 Mil) to Oct. 2023 ($2,516 Mil) but then increased from Oct. 2023 ($2,516 Mil) to Jan. 2024 ($2,557 Mil).

Empire Co's annual retained earnings increased from Apr. 2021 ($1,891 Mil) to Apr. 2022 ($2,308 Mil) and increased from Apr. 2022 ($2,308 Mil) to Apr. 2023 ($2,385 Mil).

Empire Co Retained Earnings Historical Data

The historical data trend for Empire Co'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.

Empire Co Retained Earnings Chart

Empire Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Retained Earnings

Get a 7-Day Free Trial

1,435.79

1,332.65

1,891.39

2,307.73

2,385.05

Empire Co 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															2,338.10	2,385.05	2,545.23	2,516.26	2,557.18

Empire Co 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.

Empire Co (OTCPK:EMLAF) 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.

Empire Co (Empire Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Empire Co Ltd (OTCPK:EMLAF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

C15:Germany EMP.A:Canada

Address

115 King Street, Stellarton, NS, CAN, B0K 1S0

Website

https://www.empireco.ca

Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.

Empire Co (Empire Co) Headlines

From GuruFocus

Empire Co Ltd's Dividend Analysis

By GuruFocus Research • 01-11-2024

Gurus Hold Retailers at 10-Year Low P/S

By Sally Jones Sally Jones • 12-29-2013

Caper Rolls Out Smart Shopping Carts With One Of North America's Largest Grocery Chains

By PRNewswire PRNewswire • 10-23-2019

Empire Company: Canadian Grocer Paying Dividends Since 1963

By Ben Reynolds Ben Reynolds • 09-26-2016

Empire Co Ltd's Dividend Analysis

By GuruFocus Research • 10-11-2023