Welcome to our dedicated page for Winmark news (Ticker: WINA), a resource for investors and traders seeking the latest updates and insights on Winmark stock.
Winmark Corporation (NASDAQ: WINA), known as Winmark – the Resale Company®, regularly issues news updates that highlight its role as a franchisor of resale retail concepts in the used merchandise stores industry. News for WINA often centers on the performance and expansion of its franchise system, which includes the brands Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore and Music Go Round.
Investors following Winmark’s news can expect recurring earnings announcements, where the company reports quarterly and annual net income, revenue by category, income from operations and cash flow details. These releases typically break out royalties, leasing income, merchandise sales, franchise fees and other revenue, and provide context on trends such as the run-off of the leasing portfolio and the growth in franchise count.
Another key theme in Winmark’s news flow is dividend activity. The company frequently announces Board-approved quarterly cash dividends and has disclosed a special dividend, including the per-share amount, record date, payment date and the expected total value based on shares outstanding. These updates are often accompanied by Form 8-K filings that formally document the dividend decisions.
Winmark’s news also covers governance and leadership changes, such as additions to the Board of Directors and the creation of executive roles like Chief Marketing Officer. These announcements describe the experience of new appointees and how their expertise is expected to support Winmark’s franchise system, technology initiatives and marketing efforts.
For those tracking the resale and franchising space, the WINA news page on Stock Titan offers a consolidated view of Winmark’s operational results, capital return decisions and corporate developments. Regularly reviewing this feed helps readers see how the company’s franchise network, financial performance and governance evolve over time.
Winmark Corporation (NASDAQ: WINA) has declared a quarterly cash dividend of $0.45 per share, set to be distributed on March 1, 2022. Shareholders who are on record by the close of business on February 9, 2022 will be eligible for this payment. Winmark operates a franchise business focused on sustainability, with 1,271 franchises currently active and over 2,800 territories available. The company continues to support small business formation through its award-winning resale franchises.
Winmark Corporation (NASDAQ: WINA) has announced that Kirk A. MacKenzie will not seek re-election to the Board of Directors at the upcoming Annual Meeting in April 2022. MacKenzie has served on the Board since 2000 and was a Vice Chairman until 2011. The company appointed Percy C. (Tom) Tomlinson to the Board and Audit Committee, bringing over 30 years of executive and financial management experience. Winmark specializes in franchising for sustainable resale businesses, with 1,269 franchises operational as of September 25, 2021, and additional territories available.
Winmark Corporation (NASDAQ: WINA) has announced a quarterly cash dividend of $0.45 per share, alongside a special dividend of $7.50 per share, both payable on December 1, 2021. Shareholders of record by November 10, 2021 will receive these dividends, totaling approximately $27.2 million for the special dividend. CEO Brett D. Heffes expressed confidence in the company's capital allocation strategy, highlighting a total return of $360 million to shareholders over the past ten years through dividends and share repurchases.
Winmark Corporation (Nasdaq: WINA) reported a net income of $10,082,500 or $2.67 per diluted share for the quarter ending September 25, 2021, an increase from $9,358,800 or $2.43 per diluted share a year prior. For the nine months, net income rose to $28,330,900 or $7.40 per diluted share, compared to $21,731,000 or $5.63 in 2020. With 1,269 franchises operating and over 2,000 available territories, Winmark continues to experience growth and the continued support of its franchise system.
Winmark Corporation (NASDAQ: WINA) has announced the issuance of $30.0 million in 3.18% Senior Secured Notes, maturing in 2028. The financing comes from affiliates of PGIM, Inc. and will be used for general corporate purposes, including potential share repurchases and dividends. As of June 26, 2021, Winmark operated 1,266 franchises and had over 2,000 available territories. The company is known for its sustainability-focused franchising business, which includes brands like Plato’s Closet® and Play It Again Sports®.
Winmark Corporation (Nasdaq: WINA) has announced a quarterly cash dividend of $0.45 per share to be paid on September 1, 2021, to shareholders on record as of August 11, 2021. The company’s Board of Directors also approved an increase of 400,000 shares to its share repurchase authorization, representing about 11% of outstanding shares. The repurchase can be conducted through various methods without a set end date. Winmark operates 1,266 franchises in the resale industry, highlighting its commitment to sustainability and small business growth.
Winmark Corporation (Nasdaq: WINA) reported a net income of $8,937,300 or $2.33 per diluted share for the quarter ending June 26, 2021, up from $5,055,200 or $1.33 per share in 2020. For the first half of 2021, net income rose to $18,248,400 or $4.74 per share, compared to $12,372,200 or $3.21 per share last year. The company operates 1,266 franchises and has over 2,000 available territories. Winmark's business model focuses on sustainability and supporting small business formation through franchises like Plato’s Closet and Once Upon A Child.
Winmark Corporation (Nasdaq: WINA) has announced it will stop soliciting new leasing customers and will instead focus on a run-off strategy for its middle-market leasing portfolio. CEO Brett D. Heffes stated this move aims to enhance the company’s leadership in the resale market, maximizing shareholder value. Winmark operates a franchising business in sustainability, with 1,264 franchises across five major brands as of March 27, 2021, and over 2,000 available territories for future franchises.
Winmark Corporation (Nasdaq: WINA) has approved an increase in its quarterly cash dividend to $0.45 per share, up by $0.20 from the previous rate. This dividend will be paid on June 1, 2021, to shareholders of record by May 12, 2021. Winmark operates 1,264 franchises under brands such as Plato's Closet® and Once Upon A Child® as of March 27, 2021, with an additional 32 franchises awarded but not yet opened. Future dividends will require Board approval.
Winmark Corporation (Nasdaq: WINA) reported a net income of $9,311,100 or $2.40 per diluted share for the quarter ending March 27, 2021. This reflects an increase from the previous year’s net income of $7,317,000 or $1.87 per share. The company attributes this growth to the strength of its business model and improved franchisee performance. As of March 27, 2021, Winmark operated 1,264 franchises and awarded an additional 32 franchises set to open soon. The press release includes forward-looking statements that highlight potential risks and uncertainties.
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