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Shoe Carnival Retained Earnings

: $535 Mil (As of Oct. 2021)
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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shoe Carnival's retained earnings for the quarter that ended in Oct. 2021 was $535 Mil.

Shoe Carnival's quarterly retained earnings increased from Apr. 2021 ($448 Mil) to Jul. 2021 ($490 Mil) and increased from Jul. 2021 ($490 Mil) to Oct. 2021 ($535 Mil).

Shoe Carnival's annual retained earnings increased from Jan. 2019 ($360 Mil) to Jan. 2020 ($396 Mil) and increased from Jan. 2020 ($396 Mil) to Jan. 2021 ($407 Mil).


Shoe Carnival Retained Earnings Historical Data

The historical data trend for Shoe Carnival'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.

Shoe Carnival Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Retained Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 312.64 326.74 360.44 395.76 406.66

Shoe Carnival Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
Retained Earnings 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 Premium Member Only Premium Member Only Premium Member Only 400.51 406.66 447.88 490.07 534.90

Shoe Carnival 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.


Shoe Carnival  (NAS:SCVL) 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.


Shoe Carnival Business Description

Shoe Carnival logo
Industry
Consumer Cyclical » Retail - Cyclical NAICS : 448210 SIC : 5661
Traded in Other Exchanges
Address
7500 East Columbia Street, Evansville, IN, USA, 47715
Shoe Carnival Inc is a footwear retailer with hundreds of stores in the United States. It offers moderately priced, name-brand dress, casual, and athletic footwear for men, women, and children. Its average store has more than 27,000 pairs of shoes. The company promotes a shopping experience that includes contests, games, and a person on a stage with a microphone to announce limited-time specials. To enable its value-pricing strategy, Shoe Carnival minimizes staffing needs by housing all merchandise on the selling floor and leases store locations in open-air shopping centers. The company buys its merchandise from hundreds of vendors, with Nike and Skechers accounting for a substantial portion of total company sales. All merchandise goes through the company's distribution center in Indiana.
Executives
Sifford Clifton E director, officer: VICE CHAIRMAN & CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SIFFORD CLIFTON E a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Baker Timothy T officer: EXEC. VP - CHIEF RETAIL PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: BAKER TIMOTHY T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Tomm Charles B. director 201 N. FRANKLIN STREET SUITE 2800 TAMPA FL 33602
Scibetta Carl N. officer: EVP - CHIEF MERCHANDISE OFF. 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Kleeberger Kent A director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KLEEBERGER KENT A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Aschleman James A director 300 N MERIDIAN ST STE 2700 INDIANAPOLIS IN 46204
Wood Joseph W director 4896 DEER RIDGE DRIVE SOUTH CARMEL IN 46033
Guthrie Andrea R. director 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Jackson W Kerry officer: SENIOR EVP - CFO & CAO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: JACKSON W KERRY a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Worden Mark J. officer: PRESIDENT & CHIEF CUSTOMER OFF 7500 E. COLUMBIA STREET EVANSVILLE IN 47715
Weaver Wayne J director, 10 percent owner, officer: CHAIRMAN OF THE BOARD TWO STAMFORD PLAZA 281 TRESSER BLVD P O BOX 1214 STAMFORD CT 06904-1214
Weaver Delores B 10 percent owner TWO STAMFORD PLAZA 281 TRESSER BLVD P O BOX 1214 STAMFORD CT 06904-1214
Gerstel Jeffrey C director 933 MACARTHUR BOULEVARD MAHWAH NJ 07430
Yearwood Kathy A officer: SVP CONTROLLER/PAO 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Schoor Gerald W director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SCHOOR GERALD W a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Shoe Carnival Headlines

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