Winmark Stock Price, News & Analysis

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.

Winmark Corporation (Nasdaq: WINA) reported a net income of $29.8 million for the year ending December 26, 2020, a decrease from $32.1 million in 2019. Earnings per share diluted fell from $7.84 to $7.72. Fourth quarter net income was $8.1 million, slightly down from $8.5 million the previous year. Revenue decreased to $66.1 million from $73.3 million in 2019. CEO Brett D. Heffes expressed satisfaction with the results despite challenges posed by COVID-19, highlighting the resilience of franchisees and the company's commitment to sustainability.

Winmark Corporation (Nasdaq: WINA) has declared a quarterly cash dividend of $0.25 per share, payable on March 1, 2021, to shareholders recorded as of the close of business on February 10, 2021. This decision reflects the company's ongoing commitment to returning value to shareholders. As of December 26, 2020, Winmark operates 1,264 franchises across brands like Plato’s Closet® and Play It Again Sports®, with 30 additional franchises awarded but not yet opened. Future dividends are contingent upon Board approval.

Winmark Corporation (Nasdaq: WINA) announces the appointment of Gina De Caro Sprenger to its Board of Directors. With over 30 years in leadership roles within retail, ecommerce, and direct marketing, Sprenger's experience includes her current position as Chief Strategic Retail Officer at Fanatics, Inc., and prior significant roles at Bluestem Brands and Target. Chairman Brett D. Heffes expressed confidence in Sprenger's expertise, highlighting its importance for executing the company's business strategy. Winmark operates 1,264 franchises across five brands as of December 2020.

Winmark Corporation (Nasdaq: WINA) has declared a quarterly dividend of $0.25 per share and a special dividend of $3.00 per share, both payable to shareholders of record on November 11, 2020. The total payment for the special dividend amounts to approximately $11.2 million, with disbursement scheduled for December 15, 2020. The company's strong financial position allows it to return capital to shareholders while maintaining operational flexibility for the future.

Winmark Corporation (Nasdaq: WINA) reported a net income of $9,358,800 ($2.43 per diluted share) for the third quarter of 2020, a rise from $9,113,800 ($2.24 per diluted share) in Q3 2019. However, the nine-month net income decreased to $21,731,000 ($5.63 per diluted share) from $23,687,900 ($5.76 per diluted share) in the previous year. As of September 26, 2020, Winmark operates 1,262 franchises under various brand names, with 35 additional franchises awarded but not yet opened.