: $-7,256 Mil (As of Sep. 2023)
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Starbucks's retained earnings for the quarter that ended in Sep. 2023 was $-7,256 Mil.
Starbucks's quarterly retained earnings increased from Mar. 2023 ($-8,025 Mil) to Jun. 2023 ($-7,611 Mil) and increased from Jun. 2023 ($-7,611 Mil) to Sep. 2023 ($-7,256 Mil).
Starbucks's annual retained earnings declined from Sep. 2021 ($-6,316 Mil) to Sep. 2022 ($-8,450 Mil) but then increased from Sep. 2022 ($-8,450 Mil) to Sep. 2023 ($-7,256 Mil).
Starbucks Retained Earnings Historical Data
The historical data trend for Starbucks'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.
Starbucks 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.
Starbucks(NAS:SBUX) 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.
Starbucks (NAS:SBUX) Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Consumer Cyclical » Restaurants » Starbucks Corp (NAS:SBUX) » Definitions » Retained Earnings
Comparable Companies
Traded in Other Exchanges
Address
2401 Utah Avenue South, Seattle, WA, USA, 98134
Website
Starbucks is one of the most widely recognized restaurant brands in the world, operating nearly 36,000 stores across more than 80 countries as of the end of fiscal 2022. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.
Executives
Wei Zhang | director | RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022 |
Bradley E Lerman | officer: evp, general counsel | MEDTRONIC, INC., 710 MEDTRONIC PKWY MSLC300, MINNEAPOLIS MN 55432 |
Beth Ford | director | C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012 |
Sara Kelly | officer: evp, chief partner officer | 2401 UTAH AVENUE SOUTH, SEATTLE WA 98134 |
Laxman Narasimhan | officer: ceo-elect | PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577 |
Zabrina Jenkins | officer: Interim evp, general counsel | C/O RETAIL OPPORTUNITY INVESTMENT CORP., 11250 EL CAMINO REAL. SUITE 200, SAN DIEGO CA 92130 |
Gina Woods | officer: evp, Public Affairs | 2401 UTAH AVENUE SOUTH, #800, SEATTLE WA 98134 |
Michael Aaron Conway | officer: group president International | 18 LOVETON CIRCLE, SPARKS MD 21152 |
Rachel Ruggeri | officer: evp, cfo | 2401 UTAH AVENUE SOUTH, #800, SEATTLE WA 98134 |
Angela Lis | officer: evp, chief partner officer | 2401 UTAH AVENUE SOUTH, EX6, SEATTLE WA 98134 |
John Ac Kelly | officer: evp, Public Affairs | 2401 UTAH AVENUE SOUTH, SEATTLE WA 98134 |
Allison Richard E Jr | director | 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105 |
Isabel Mahe | director | ONE APPLE PARK WAY, MS169:2CL, CUPERTINO CA 95014 |
Andrew Campion | director | ONE BOWERMAN DRIVE, BEAVERTON OR 97005 |
Jill Walker | officer: svp chief accounting officer | 2401 UTAH AVENUE SOUTH, SEATTLE WA 98134 |
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