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Ruth's Hospitality Group (Ruth's Hospitality Group) Retained Earnings : $92.2 Mil (As of Mar. 2023)


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What is Ruth's Hospitality Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ruth's Hospitality Group's retained earnings for the quarter that ended in Mar. 2023 was $92.2 Mil.

Ruth's Hospitality Group's quarterly retained earnings increased from Sep. 2022 ($78.6 Mil) to Dec. 2022 ($86.3 Mil) and increased from Dec. 2022 ($86.3 Mil) to Mar. 2023 ($92.2 Mil).

Ruth's Hospitality Group's annual retained earnings increased from Dec. 2020 ($23.7 Mil) to Dec. 2021 ($66.0 Mil) and increased from Dec. 2021 ($66.0 Mil) to Dec. 2022 ($86.3 Mil).


Ruth's Hospitality Group Retained Earnings Historical Data

The historical data trend for Ruth's Hospitality Group'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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Ruth's Hospitality Group Retained Earnings Chart

Ruth's Hospitality Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.02 53.40 23.68 65.95 86.28

Ruth's Hospitality Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 72.26 77.91 78.55 86.28 92.18

Ruth's Hospitality Group 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.


Ruth's Hospitality Group  (NAS:RUTH) 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.


Ruth's Hospitality Group (Ruth's Hospitality Group) Business Description

Traded in Other Exchanges
N/A
Address
1030 W. Canton Avenue, Suite 100, Winter Park, FL, USA, 32789
Ruth's Hospitality Group Inc operates or franchises more than 150 fine-dining restaurants under the name Ruth's Chris Steak House. The company has two reportable segments namely owned steakhouse and franchise operations. It generates maximum revenue from owned steakhouse segment. The company revenues are derived from the sale of food and beverage. It also has a presence in Aruba, Canada, China, Hong Kong, Indonesia, Japan, Mexico, Singapore, and Taiwan.
Executives
Mark Kupferman officer: SVP, Chief Commercial Officer 1030 WEST CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Susan Mirdamadi officer: EVP, Chief Admin Officer 1030 W CANTON AVE STE 100, WINTER PARK FL 32789
Michael P Odonnell director, officer: President, CEO and Director 9659 PRESTON TRAIL WEST, PONTE VEDRA BEACH FL 32082
Mary Baglivo director C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Marie Perry director 26745 MALIBU HILLS RD, CALABASAS CA 91301
Stephen M King director 2481 MANANA DRIVE, DALLAS TX 75220
David Hyatt officer: Chief People Officer 1030 W. CANTON AVE., SUITE 100, WINTER PARK FL 32789
Marcy Norwood Lynch officer: See Remarks 1030 W. CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Kristy Chipman officer: See Remarks 1030 W. CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Alice G Givens officer: SVP, General Counsel 4901 BAKERS MILL LANE, RICHMOND VA 23230
Cheryl Janet Henry officer: Chief Branding Officer C/O RUTH'S HOSPITALITY GROUP, INC., 1030 W. CANTON AVENUE, STE. 100, WINTER PARK FL 32789
Kevin W Toomy officer: P&COO- Ruth's Chris Steak Hse 500 INTERNATIONAL PARKWAY, SUITE 100, HEATHROW FL 32746
Alan Vituli director 968 JAMES STREET, SYRACUSE NY 13203
Carla Cooper director 555 W. MONROE STREET, #08-01, CHICAGO IL 60661
Arne G. Haak officer: Chief Financial Officer / EVP 1839 SENECA BOULEVARD, WINTER SPRINGS FL 32708