Winmark Stock Price, News & Analysis

Winmark Corporation (Nasdaq: WINA) has appointed Philip I. Smith to its Board of Directors. Smith, currently the Executive Chairman of Intricon Corporation and Operating Partner of Altaris, LLC, brings extensive governance, operational experience, and a strong financial background. CEO Brett D. Heffes expressed enthusiasm about Smith's potential contributions towards fulfilling Winmark's mission to provide sustainable resale opportunities. As of December 31, 2022, Winmark operates 1,295 franchises and has awarded an additional 57 franchises. The company focuses on guiding entrepreneurs to establish franchises like Plato’s Closet® and Play It Again Sports®.

Winmark Corporation (Nasdaq: WINA) reported a net income of $39.42 million or $10.97 per diluted share for the year ended December 31, 2022, a decrease from $39.92 million or $10.48 per diluted share in 2021. Fourth quarter net income was $10.18 million or $2.86 per diluted share, down from $11.59 million or $3.09 in Q4 2021. Annual revenues increased to $81.41 million from $78.22 million in 2021, partially attributed to an extra operational week. The company noted progress in store development and ongoing marketing investments.

Winmark Corporation (NASDAQ: WINA) announced a quarterly cash dividend of $0.70 per share, set to be paid on March 1, 2023, to shareholders recorded by the close of business on February 8, 2023. This decision reflects the company's commitment to returning income to shareholders. Winmark, recognized for its franchising business, operates 1,295 franchises and offers over 2,800 available territories. The corporation aims to foster sustainability through its award-winning resale franchises, including Plato’s Closet® and Once Upon A Child®. Future dividends will remain subject to Board approval.

Winmark Corporation (NASDAQ: WINA) has appointed Amy C. Becker to its Board of Directors. Becker, currently the Chief Legal Officer at Donaldson Company (NYSE: DCI), brings extensive experience in corporate governance and legal strategy. Winmark, a leader in franchise business focused on sustainability, operates multiple resale franchises including Plato’s Closet® and Once Upon A Child®. As of September 24, 2022, Winmark had 1,291 franchises and 2,800 available territories, reflecting its ongoing growth and commitment to providing opportunities for entrepreneurial ventures.

Winmark Corporation (NASDAQ: WINA) has declared a quarterly cash dividend of $0.70 per share and a special dividend of $3.00 per share, both payable on December 1, 2022, to shareholders of record by November 9, 2022. The total special dividend amounts to approximately $10.3 million. In 2022, Winmark returned $68.3 million to shareholders through share repurchases and dividends, highlighting its commitment to shareholder returns.

Winmark Corporation (Nasdaq: WINA) reported a net income of $10,368,600 or $2.93 per diluted share for Q3 2022, up from $10,082,500 or $2.67 per share in 2021. Year-to-date net income reached $29,248,300 or $8.11 per share, compared to $28,330,900 or $7.40 in 2021. The company highlights strong performance linked to the back-to-school season and operates 1,291 franchises with over 2,800 available territories, further affirming its growth and commitment to entrepreneurship in the resale market.

Winmark Corporation (NASDAQ: WINA) announced that Paul C. Reyelts will not seek re-election to the Board of Directors at the upcoming Annual Meeting in April 2023. Reyelts has served on the board since 2000 and as independent Lead Director since 2003. Percy C. (Tom) Tomlinson has been named the new independent Lead Director, effective immediately. Tomlinson brings over 30 years of executive and governance experience. Winmark focuses on sustainability and small business formation with 1,293 franchises in operation as of June 25, 2022.

Winmark Corporation (Nasdaq: WINA) has declared a quarterly cash dividend of $0.70 per share, to be paid on September 1, 2022. This dividend will benefit shareholders on record as of August 10, 2022. As of June 25, 2022, Winmark operates 1,293 franchises and has over 2,800 territories available for its brands including Plato’s Closet and Once Upon A Child. Future dividends will require Board approval.

Winmark Corporation (Nasdaq: WINA) reported net income of $9,027,200 or $2.54 per diluted share for the quarter ended June 25, 2022, an increase from $8,937,300 or $2.33 per diluted share in 2021. For the first half of 2022, net income reached $18,879,700 or $5.19 per diluted share, up from $18,248,400 or $4.74 per diluted share last year. The company operates 1,293 franchises with over 2,800 available territories and has awarded 46 more franchises that are not yet opened.