Vestis (STU:6TS) Retained Earnings : €-1 Mil (As of Dec. 2024)

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What is Vestis Retained Earnings?

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

Vestis's quarterly retained earnings declined from Jun. 2024 (€9 Mil) to Sep. 2024 (€2 Mil) and declined from Sep. 2024 (€2 Mil) to Dec. 2024 (€-1 Mil).

Vestis's annual retained earnings stayed the same from Sep. 2022 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Sep. 2024 (€2 Mil).

Vestis Retained Earnings Historical Data

The historical data trend for Vestis'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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Vestis Retained Earnings Chart

Vestis Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Retained Earnings

2.31

Vestis Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial									7.03	8.31	8.79	2.31	-1.16

Vestis 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.

Vestis (STU:6TS) 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.

Vestis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vestis Corp (STU:6TS) » Definitions » Retained Earnings

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Address

1035 Alpharetta Street, Suite 2100, Roswell, GA, USA, 30075

Website

https://www.vestis.com

Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.

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