Vista Outdoor (Vista Outdoor) Retained Earnings

: $-276 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vista Outdoor's retained earnings for the quarter that ended in Dec. 2023 was $-276 Mil.

Vista Outdoor's quarterly retained earnings increased from Jun. 2023 ($-172 Mil) to Sep. 2023 ($-128 Mil) but then declined from Sep. 2023 ($-128 Mil) to Dec. 2023 ($-276 Mil).

Vista Outdoor's annual retained earnings increased from Mar. 2021 ($-694 Mil) to Mar. 2022 ($-221 Mil) but then declined from Mar. 2022 ($-221 Mil) to Mar. 2023 ($-231 Mil).

Vista Outdoor Retained Earnings Historical Data

The historical data trend for Vista Outdoor'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.

Vista Outdoor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

-804.97

-960.05

-694.04

-220.81

-230.53

Vista Outdoor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																63.81	-230.53	-172.43	-128.01	-276.20

Vista Outdoor 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.

Vista Outdoor (NYSE:VSTO) 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.

Vista Outdoor (Vista Outdoor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Vista Outdoor Inc (NYSE:VSTO) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

5VO:Germany 5VO:Germany

Address

1 Vista Way, Anoka, MN, USA, 55303

Website

https://www.vistaoutdoor.com

Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company organizes itself into two segments: Shooting sports and Outdoor products. Shooting sports, which contributes the largest proportion of company revenue, includes ammunition, long guns, and related equipment under brands such as Federal Premium, Blackhawk, and Hoppe's. Outdoor products include archery and hunting accessories, eyewear, golf products, hydration products, and stand-up paddle boards under brands including CamelBak and Bushnell. The company derives the vast majority of revenue domestically.

Executives

Gary L Mcarthur	director	HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Yun Jung Choi	officer: VP, GC & Corp Secretary	C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Eric Nyman	officer: CEO	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Michael D Robinson	director	1291 5TH AVE, SAN FRANCISCO CA 94122
Jason R Vanderbrink	officer: President, Ammunition	900 BOB EHLEN DRIVE, ANOKA MN 55303
Jeffrey Ehrich	officer: GC & Corp Secretary - Interim	656 EVANS COURT, SHOREVIEW MN 55126
Andrew Keegan	officer: Interim CFO	4035 DAHL RD, MOUND MN 55364
Kelly L Reisdorf	officer: Chief Comms & IR Officer	1 VISTA WAY, ANOKA MN 55303
Bruce Grooms	director	C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Gerard Gibbons	director	616 GLENOVER DRIVE, MILTON GA 30004
Christopher T Metz	director, officer: CEO	BLACK & DECKER CORP, 701 EAST JOPPA ROAD, TOWSON MD 21286
Dylan Scott Ramsey	officer: VP,General Counsel & Secretary	1 VISTA WAY, ANOKA MN 55303
Sudhanshu Shekhar Priyadarshi	officer: SVP & CFO	6425 HALL OF FAME LANE, FRISCO TX 75034
Robert M Tarola	director	1101 30TH STREET, NW, SUITE 500, WASHINGTON DC 20007
Mark A. Gottfredson	director	938 UNIVERSITY PARK BOULEVARD, SUITE 200, CLEARFIELD UT 84015