Pier 1 Imports (STU:PJ1A) Retained Earnings : €267 Mil (As of Nov. 2019)

Pier 1 Imports Retained Earnings Chart

Pier 1 Imports Annual Data
	Trend	Feb10	Feb11	Feb12	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19
Retained Earnings		Get a 7-Day Free Trial					628.66	658.04	692.20	588.25	470.82

Pier 1 Imports Quarterly Data
	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19
Retained Earnings	Get a 7-Day Free Trial															530.83	470.82	406.10	317.98	266.74

Pier 1 Imports 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.

Pier 1 Imports  (STU:PJ1A) 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.

Pier 1 Imports (STU:PJ1A) Business Description