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Sainsbury (J) (Sainsbury (J)) Retained Earnings : $4,087 Mil (As of Feb. 2024)


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What is Sainsbury (J) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sainsbury (J)'s retained earnings for the quarter that ended in Feb. 2024 was $4,087 Mil.

Sainsbury (J)'s quarterly retained earnings increased from Feb. 2023 ($4,397 Mil) to Aug. 2023 ($4,516 Mil) but then declined from Aug. 2023 ($4,516 Mil) to Feb. 2024 ($4,087 Mil).

Sainsbury (J)'s annual retained earnings increased from Feb. 2021 ($4,523 Mil) to Feb. 2022 ($6,441 Mil) but then declined from Feb. 2022 ($6,441 Mil) to Feb. 2023 ($4,397 Mil).


Sainsbury (J) Retained Earnings Historical Data

The historical data trend for Sainsbury (J)'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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Sainsbury (J) Retained Earnings Chart

Sainsbury (J) Annual Data
Trend Mar14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,324.22 5,292.75 4,522.89 6,441.14 4,397.34

Sainsbury (J) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Feb23 Aug23 Feb24
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 4,791.21 6,181.82 4,397.34 4,515.88 4,087.12

Sainsbury (J) 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.


Sainsbury (J)  (OTCPK:JSNSF) 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.


Sainsbury (J) (Sainsbury (J)) Business Description

Traded in Other Exchanges
Address
33 Holborn, London, GBR, EC1N 2HT
Founded in 1869, Sainsbury's is the second-largest U.K. grocery chain with around 16% market share. It operates around 600 supermarkets and 800 convenience stores, all in the U.K. The company has diversified away from core food by selling clothing, telecom equipment, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores), for GBP 1.10 billion. It has been selling products online since 1997.

Sainsbury (J) (Sainsbury (J)) Headlines

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