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Stock impact report

Winmark Corporation Announces First Quarter Results

Winmark Corporation (WINA) 
US:NASDAQ Investor Relations: winmarkcorporation.com/investor
Company Research Source: Business Wire
MINNEAPOLIS--(BUSINESS WIRE)--Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended March 30, 2024 of $8,819,000 or $2.41 per share diluted compared to net income of $8,942,700 or $2.49 per share diluted in 2023. Results during the quarter were impacted by the Company’s decision in May 2021 to run-off its leasing portfolio“Performance during the first quarter was adequate,” commented Brett D. Heffes, Chair and Chief Executive Officer.Winmark - the Resale Company®, is a nationally recognized franchisor focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award winning resale franchises: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. At March 30, 2024, there were 1,327 franchises in operation and over 2,800 available territories. An additional 73 franchises have been awarded but are not open.This press release contains forward-lookin Show less Read more
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