GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chewy Inc (STU:3HH) » Definitions » Retained Earnings

Chewy (STU:3HH) Retained Earnings : €-1,814 Mil (As of Jan. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Chewy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Chewy's retained earnings for the quarter that ended in Jan. 2024 was €-1,814 Mil.

Chewy's quarterly retained earnings declined from Jul. 2023 (€-1,736 Mil) to Oct. 2023 (€-1,853 Mil) but then increased from Oct. 2023 (€-1,853 Mil) to Jan. 2024 (€-1,814 Mil).

Chewy's annual retained earnings declined from Jan. 2022 (€-1,778 Mil) to Jan. 2023 (€-1,870 Mil) but then increased from Jan. 2023 (€-1,870 Mil) to Jan. 2024 (€-1,814 Mil).


Chewy Retained Earnings Historical Data

The historical data trend for Chewy'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.

Chewy Retained Earnings Chart

Chewy Annual Data
Trend Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial -1,661.87 -1,590.24 -1,777.53 -1,870.14 -1,813.65

Chewy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -1,870.14 -1,768.70 -1,736.06 -1,852.55 -1,813.65

Chewy 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.


Chewy  (STU:3HH) 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.


Chewy (STU:3HH) Business Description

Traded in Other Exchanges
Address
7700 West Sunrise Boulevard, Plantation, FL, USA, 33322
Chewy is the largest e-commerce pet care retailer in the U.S., generating $10.1 billion in 2022 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a standalone company in 2019 after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods, like crates, leashes, and bowls.

Chewy (STU:3HH) Headlines

No Headlines