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Fred's (STU:FR1A) Retained Earnings : €-20 Mil (As of Apr. 2019)


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What is Fred's Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fred's's retained earnings for the quarter that ended in Apr. 2019 was €-20 Mil.

Fred's's quarterly retained earnings increased from Oct. 2018 (€-18 Mil) to Jan. 2019 (€43 Mil) but then declined from Jan. 2019 (€43 Mil) to Apr. 2019 (€-20 Mil).

Fred's's annual retained earnings declined from Jan. 2017 (€206 Mil) to Jan. 2018 (€50 Mil) and declined from Jan. 2018 (€50 Mil) to Jan. 2019 (€43 Mil).


Fred's Retained Earnings Historical Data

The historical data trend for Fred's'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.

Fred's Retained Earnings Chart

Fred's Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.27 270.90 205.52 50.44 42.53

Fred's Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Apr20
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 6.16 -17.56 42.53 -20.32 -161.30

Fred's 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.


Fred's  (STU:FR1A) 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.


Fred's (STU:FR1A) Business Description

Traded in Other Exchanges
N/A
Address
4300 New Getwell Road, Memphis, TN, USA, 38118
Fred's Inc is a U.S.-based company that is principally engaged in operating retail stores. Most of the company's stores are self-owned stores, with a few franchised stores. The company's sales mix consists of pharmaceuticals, consumables, household goods and softlines, and franchise, with pharmaceuticals contributing a material portion of total revenue. The company owns 100% of the equity stake in Reeves-Sain Drug Store. The company generates revenue from merchandise sales and franchise fee from franchisees. It also sells gift cards. The company conducts operation primarily in the southeast of the United States.

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