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Central Garden & Pet Co (FRA:GP7A) Retained Earnings : €847 Mil (As of Mar. 2024)


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What is Central Garden & Pet Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Central Garden & Pet Co's retained earnings for the quarter that ended in Mar. 2024 was €847 Mil.

Central Garden & Pet Co's quarterly retained earnings declined from Sep. 2023 (€805 Mil) to Dec. 2023 (€788 Mil) but then increased from Dec. 2023 (€788 Mil) to Mar. 2024 (€847 Mil).

Central Garden & Pet Co's annual retained earnings increased from Sep. 2021 (€549 Mil) to Sep. 2022 (€763 Mil) and increased from Sep. 2022 (€763 Mil) to Sep. 2023 (€805 Mil).


Central Garden & Pet Co Retained Earnings Historical Data

The historical data trend for Central Garden & Pet 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.

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Central Garden & Pet Co Retained Earnings Chart

Central Garden & Pet Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 382.94 433.65 549.17 762.81 805.23

Central Garden & Pet Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial 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 734.85 792.13 805.23 787.54 847.14

Central Garden & Pet 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.


Central Garden & Pet Co  (FRA:GP7A) 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.


Central Garden & Pet Co (FRA:GP7A) Business Description

Traded in Other Exchanges
Address
1340 Treat Boulevard, Suite 600, Walnut Creek, CA, USA, 94597
Central Garden & Pet Co understands that home is central to life and has nurtured happy and healthy homes for over forty years. The segments of the company are the pet segment and garden segment. The company's trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a portfolio of more than sixty-five brands including Pennington, Nylabone, Kaytee, Amdro, and Aqueon, manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. Central Garden and Pet is based in Walnut Creek, California, and has offices across North America and Europe.

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