Hibbett (Hibbett) Retained Earnings : $1,228 Mil (As of Jan. 2024)

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What is Hibbett Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hibbett's retained earnings for the quarter that ended in Jan. 2024 was $1,228 Mil.

Hibbett's quarterly retained earnings increased from Jul. 2023 ($1,178 Mil) to Oct. 2023 ($1,200 Mil) and increased from Oct. 2023 ($1,200 Mil) to Jan. 2024 ($1,228 Mil).

Hibbett's annual retained earnings increased from Jan. 2022 ($1,022 Mil) to Jan. 2023 ($1,137 Mil) and increased from Jan. 2023 ($1,137 Mil) to Jan. 2024 ($1,228 Mil).

Hibbett Retained Earnings Historical Data

The historical data trend for Hibbett'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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Hibbett Retained Earnings Chart

Hibbett Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Retained Earnings

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784.94

858.95

1,022.32

1,137.48

1,228.26

Hibbett 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															1,137.48	1,170.18	1,177.91	1,200.32	1,228.26

Hibbett 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.

Hibbett (NAS:HIBB) 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.

Hibbett (Hibbett) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hibbett Inc (NAS:HIBB) » Definitions » Retained Earnings

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HB6:Germany HB6:Germany

Address

2700 Milan Court, Birmingham, AL, USA, 35211

Website

https://www.hibbett.com

Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.

Executives

William G Quinn	officer: SVP Digital Commerce	2700 MILAN COURT, BIRMINGHAM AL 35211
Ronald P Blahnik	officer: SVP and CIO	2700 MILAN COURT, BIRMINGHAM AL 35211
Mark Anthony Gunn	officer: SVP, CHRO	2700 MILAN COURT, BIRMINGHAM AL 35211
David Mitchell Benck	officer: SVP General Counsel	2700 MILAN COURT, BIRMINGHAM AL 35211
James A Hilt	director	1 EXPRESS DRIVE, COLUMBUS OH 43230
Dorlisa K Flur	director	POST OFFICE BOX 1017, CHARLOTTE NC 28201-1017
Pamela J Edwards	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ramesh Chikkala	director	2700 MILAN COURT, BIRMINGHAM AL 35211
Jonalin S. Smith	other: SVP Merchandising	2700 MILAN COURT, BIRMINGHAM AL 35211
Michael C. Mcabee	other: SVP Supply Chain, Store Dev	2700 MILAN COURT, BIRMINGHAM AL 35211
Anthony F Crudele	director	TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Michael E Longo	director, officer: President and CEO
Alton E Yother	director
Benjamin Ashley Knighten	officer: SVP Operations	2700 MILAN COURT, BIRMINGHAM AL 35211
Linda Hubbard	director	2700 MILAN COURT, BIRMINGHAM AL 35211