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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nordstrom's retained earnings for the quarter that ended in Jan. 2024 was $-2,578 Mil.
Nordstrom's quarterly retained earnings increased from Jul. 2023 ($-2,717 Mil) to Oct. 2023 ($-2,681 Mil) and increased from Oct. 2023 ($-2,681 Mil) to Jan. 2024 ($-2,578 Mil).
Nordstrom's annual retained earnings increased from Jan. 2022 ($-2,652 Mil) to Jan. 2023 ($-2,588 Mil) and increased from Jan. 2023 ($-2,588 Mil) to Jan. 2024 ($-2,578 Mil).
The historical data trend for Nordstrom'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.
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.
Nordstrom (NYSE:JWN) 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.
Gemma Lionello | officer: Executive Vice President | C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101 |
Guy Persaud | director | C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101 |
Fanya Chandler | officer: President, Nordstrom Stores | C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101 |
Teri Bariquit | officer: Executive Vice President | C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101 |
Cathy R Smith | officer: Chief Financial Officer | TARGET CORPORATION, 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403 |
Jason Morris | officer: CTIO | C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATLE WA 98101 |
Eric D Sprunk | director | ONE BOWERMAN DRIVE, BEAVERTON OR 97005 |
Ken Worzel | officer: Executive Vice President | C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101 |
Atticus Nathaniel Tysen | director | C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101 |
Anne L Bramman | officer: Chief Financial Officer | 207 GOODE AVENUE, GLENDALE CA 91203 |
Amie Thuener O'toole | director | C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043 |
Peter E Nordstrom | officer: Executive Vice President | C/O NORDSTROM INC, 1617 SIXTH AVE, SEATTLE WA 98101 |
Bradley D Tilden | director | NORDSTROM, INC. ATTN: CORP. SEC., 1617 SIXTH AVENUE, SEATTLE WA 98101 |
Farrell B. Redwine | officer: Chief Human Resources Officer | C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101 |
Geevy Sk Thomas | officer: Executive Vice President | C/O NORDSTROM INC, 5820 GLADES ROAD, BOCA RATON FL 33431 |
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