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Chico's FAS (Chico's FAS) Retained Earnings : $419 Mil (As of Oct. 2023)


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What is Chico's FAS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Chico's FAS's retained earnings for the quarter that ended in Oct. 2023 was $419 Mil.

Chico's FAS's quarterly retained earnings increased from Apr. 2023 ($355 Mil) to Jul. 2023 ($414 Mil) and increased from Jul. 2023 ($414 Mil) to Oct. 2023 ($419 Mil).

Chico's FAS's annual retained earnings increased from Jan. 2021 ($160 Mil) to Jan. 2022 ($206 Mil) and increased from Jan. 2022 ($206 Mil) to Jan. 2023 ($315 Mil).


Chico's FAS Retained Earnings Historical Data

The historical data trend for Chico's FAS'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.

Chico's FAS Retained Earnings Chart

Chico's FAS Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 587.15 531.60 159.77 206.02 315.02

Chico's FAS Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 307.54 315.02 354.93 414.25 419.29

Chico's FAS 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.


Chico's FAS  (NYSE:CHS) 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.


Chico's FAS (Chico's FAS) Business Description

Traded in Other Exchanges
N/A
Address
11215 Metro Parkway, Fort Myers, FL, USA, 33966
Chico's FAS Inc is an apparel retailer with a portfolio of private-label brands that sell women's clothing and accessories. Brands include Chico's, White House/Black Market, and Soma Intimates. The majority of revenue is derived from Chico's brand. The brands generally target the needs of fashion-savvy women with moderate-to-high household income levels. It sells directly to the consumer through its retail stores, websites, and telephone call centers. The company sources the majority of its product from foreign manufacturers and distributes all products from its distribution center in Georgia.
Executives
Bonnie R. Brooks director 6301 FITCH PATH, NEW ALBANY OH 43054
Eli Kumekpor director 11215 METRO PARKWAY, FORT MYERS FL 33966
Patrick J Guido officer: EVP - Chief Financial Officer C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Wendy L Hufford officer: SVP - General Counsel C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Kevin Mansell director C/O KOHLS LEGAL, N56 W170000 RIDGEWOOD DR, MENOMONEE FALLS WI 53051
Topper Joseph R. Jr. officer: EVP - Chief Digital Officer 3113 WOODCREEK DR., DOWNERS GROVE IL 60515
Kristin Gwinner officer: SVP, Human Resources 11215 METRO PARKWAY, FORT MYERS FL 33966
Gregory S Baker officer: SVP & General Counsel 11215 METRO PARKWAY, FORT MYERS FL 33966
Molly Langenstein officer: President, Apparel Group C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
David F Walker director 14388 EAGLE POINTE DR, CLEARWATER FL 337622214
David M Oliver officer: Chief Accounting Officer 10930 SPOON RIDGE, EDEN PRAIRIE MN 55347
Stephen E Watson director 700 PILGRIM WAY, GREENBAY WI 54304
Deborah Kerr director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Jennifer L Ellis officer: Interim CFO 11215 METRO PKWY, FORT MYERS FL 33966
Kimberly Roy Tofalli director C/O WEIGHT WATCHERS INTERNATIONAL, INC., 11 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10010