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Winmark Corporation (WINA) provides investors and business professionals with authoritative updates on its franchising operations and resale retail leadership. This dedicated news hub aggregates official announcements, financial disclosures, and strategic developments from the creator of iconic second-hand retail brands.
Access real-time updates on franchise expansions, sustainability initiatives, and market positioning within the circular economy sector. Key coverage areas include quarterly earnings reports, new franchise partnerships, operational innovations, and community impact programs central to Winmark's business model.
Bookmark this page for streamlined tracking of WINA's corporate trajectory, including analysis of its unique franchisor-consultant structure through Winmark Franchise Partners and technology investments via Winmark Capital Corporation. Our curated news selection serves as your primary source for understanding the company's role in advancing sustainable retail practices across North America.
Winmark (Nasdaq: WINA) announced a quarterly dividend of $0.96 per share and a special dividend of $10.00 per share, both payable on December 1, 2025 to shareholders of record at the close of business on November 12, 2025. The special dividend totals approximately $35.6 million based on current shares outstanding. The company said it anticipates using cash on hand to finance the special dividend. Future dividends will remain subject to Board approval. The release also restated franchise network metrics: 1,377 franchises open as of September 27, 2025, 77 awarded but not yet open, and over 2,800 available territories.
Winmark (Nasdaq: WINA) reported net income for the quarter ended September 27, 2025 of $11,136,500 or $3.02 diluted EPS versus $11,120,700 or $3.03 diluted EPS a year earlier. For the nine months, net income was $31,694,200 or $8.61 diluted EPS versus $30,371,200 or $8.29 diluted EPS last year.
At September 27, 2025 the company reported $39.7M cash, $53.7M total assets, long-term liabilities of $72.9M, and shareholders' deficit of $26.3M. The company noted 1,377 franchises in operation and 77 awarded but not open.
Winmark Corporation (Nasdaq: WINA) has appointed Lisa Hake as its new Chief Marketing Officer, effective October 1st, 2025. Hake brings over 25 years of experience in brand management, marketing innovation, and franchisee ad fund management.
Prior to joining Winmark, Hake served as Vice President of Marketing & Communications at Great Clips, where she managed marketing for over 4,400 locations. Her previous experience includes senior roles at Best Buy, 3M, and The Pillsbury Company. The appointment aligns with Winmark's strategy to enhance franchise system performance and support its "Resale for Everyone®" mission.
Winmark Corporation (Nasdaq: WINA) announced significant changes to its Board of Directors. Jenele C. Grassle, who has served on the board since 2001, will not seek re-election at the April 2026 Annual Meeting of Shareholders. During her 24-year tenure, Grassle served on both Compensation and Nominating Committees and was instrumental in enhancing the company's governance structure.
Additionally, the company appointed Keith Credendino to its Board of Directors and Audit Committee. Credendino, currently Chief Information and Technology Officer at Macy's, brings over 25 years of technology leadership experience. As of June 28, 2025, Winmark operates 1,371 franchises across its resale brands, with 77 additional franchises awarded but not yet operational.
Winmark Corporation (Nasdaq: WINA) has declared a quarterly cash dividend of $0.96 per share, payable on September 2, 2025, to shareholders of record as of August 13, 2025. The company, known as "the Resale Company," operates multiple franchise brands including Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round.
As of June 28, 2025, Winmark maintains 1,371 franchises in operation with over 2,800 available territories. Additionally, 77 franchises have been awarded but are not yet operational. The company focuses on sustainability and small business formation through its franchise model.
Winmark Corporation (Nasdaq: WINA) reported strong Q2 2025 financial results with net income of $10.6 million, or $2.89 per diluted share, compared to $10.4 million ($2.85/share) in Q2 2024. For H1 2025, net income reached $20.6 million ($5.60/share), up from $19.3 million ($5.26/share) year-over-year.
The resale franchisor reported increased sales performance across all brands, with royalty revenue growing to $18.7 million in Q2 2025. As of June 28, 2025, Winmark operates 1,371 franchises under its brands including Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round, with 77 additional awarded franchises pending opening.
Winmark (WINA) has announced a dividend increase, raising its quarterly cash dividend by $0.06 to $0.96 per share. The dividend will be paid on June 2, 2025, to shareholders of record as of May 14, 2025.
Winmark, known as 'the Resale Company', operates a network of franchise businesses focused on sustainability and small business development. Their portfolio includes popular resale brands: Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round. As of March 29, 2025, the company reports 1,363 active franchises with over 2,800 available territories. Additionally, 79 franchises have been awarded but are not yet operational.
Winmark (WINA) reported strong Q1 2025 financial results with net income of $9.96 million or $2.71 per share diluted, compared to $8.82 million or $2.41 per share diluted in 2024. The quarter included $2.2 million of leasing income from settlement of customer litigation.
Total revenue increased to $21.92 million, up from $20.11 million in Q1 2024, driven by higher royalties of $17.77 million and leasing income of $2.31 million. The company's franchise network expanded to 1,363 locations in operation, with 79 additional franchises awarded but not yet opened.
The company noted that the run-off of their leasing portfolio announced in May 2021 is substantially complete. Winmark continues to focus on sustainability and small business formation through its resale franchise brands: Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round.
Winmark (WINA) reported its financial results for the year ended December 28, 2024. The company's net income reached $39.95 million ($10.89 per share diluted), slightly down from $40.18 million ($11.04 per share diluted) in 2023. Fourth quarter 2024 net income was $9.58 million ($2.60 per share diluted), compared to $9.72 million in the same period last year.
Annual revenues decreased to $81.29 million from $83.24 million in 2023, partly affected by the company's 2021 decision to run-off its leasing portfolio. As of December 28, 2024, Winmark operated 1,350 franchises under its resale brands: Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round, with 79 additional franchises awarded but not yet operational.
Winmark (Nasdaq: WINA) has announced a quarterly cash dividend of $0.90 per share, scheduled for payment on March 3, 2025, to shareholders of record as of February 12, 2025. The dividend payment has been approved by the company's Board of Directors, with future dividends subject to Board approval.
As of December 28, 2024, Winmark, known as 'the Resale Company,' operates a franchise business model focused on sustainability and small business development. The company currently has 1,350 franchises in operation across its brands: Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round. Additionally, there are over 2,800 available territories and 79 awarded but unopened franchises.