Wickes Group (STU:0FD) Retained Earnings : €1,072 Mil (As of Dec. 2023)

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What is Wickes Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wickes Group's retained earnings for the quarter that ended in Dec. 2023 was €1,072 Mil.

Wickes Group's quarterly retained earnings increased from Dec. 2022 (€1,063 Mil) to Jun. 2023 (€1,078 Mil) but then declined from Jun. 2023 (€1,078 Mil) to Dec. 2023 (€1,072 Mil).

Wickes Group's annual retained earnings declined from Dec. 2021 (€1,084 Mil) to Dec. 2022 (€1,063 Mil) but then increased from Dec. 2022 (€1,063 Mil) to Dec. 2023 (€1,072 Mil).

Wickes Group Retained Earnings Historical Data

The historical data trend for Wickes 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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Wickes Group Retained Earnings Chart

Wickes Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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208.55

983.64

1,084.24

1,063.35

1,072.19

Wickes Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial					1,084.24	1,082.66	1,063.35	1,077.88	1,072.19

Wickes 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.

Wickes Group (STU:0FD) 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.

Wickes Group (STU:0FD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wickes Group PLC (STU:0FD) » Definitions » Retained Earnings

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WIXl:UK WIX:UK

Address

19 Colonial Way, Vision House, Watford, GBR, WD24 4JL

Website

https://www.wickesplc.co.uk

Wickes Group PLC is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value service to customers across the United Kingdom. Its three key customers include the Local Trade, DIY and Do It For Me (DIFM). The company operates from its network of 232 right-sized stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members and its DIY app. These digital channels allow customers to research and order an extended range of its products and services and arrange virtual and in-person design consultations. The company has a single operating segment.

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