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 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.
Winmark Corporation (NASDAQ: WINA) has announced the signing of franchise agreements to open eleven new Play It Again Sports locations in North America. These new stores will be established in the Twin Cities, St. Cloud, Duluth, Minnesota, Superior, Wisconsin, and Grand Forks, North Dakota. The company will also reclaim development rights for additional territories in Minnesota and Sioux Falls, SD. Winmark focuses on franchising and sustainability, with a total of 1,276 franchises and over 2,800 available territories as of March 26, 2022.
Winmark Corporation (NASDAQ: WINA) has announced an increase in its quarterly cash dividend to $0.70 per share, up by $0.25 from the previous rate. This dividend will be paid on June 1, 2022 to shareholders on record as of May 11, 2022. Winmark focuses on sustainability and supports franchise operations for its brands, with 1,276 franchises currently operational and over 2,800 territories available.
Winmark Corporation (Nasdaq: WINA) reported a net income of $9,852,500 or $2.65 per diluted share for Q1 2022, showing an increase from $9,311,100 or $2.40 per diluted share in the same quarter of 2021. The franchise business, known for its sustainability focus, has 1,276 franchises operating and over 2,800 available territories. In addition, 44 new franchises have been awarded but not yet opened, indicating potential growth. Winmark continues to support entrepreneurs in operating its resale franchises including Plato’s Closet® and Play It Again Sports®.
Winmark Corporation (Nasdaq: WINA) reported strong financial performance for the year ended December 25, 2021, with a net income of $39.9 million, or $10.48 per share diluted, compared to $29.8 million, or $7.72 per share diluted in 2020. Q4 results also showed growth, with net income at $11.6 million, up from $8.1 million year-over-year. Revenue increased to $78.2 million from $66.1 million, reflecting the company's successful focus on the resale market and strategic plan to eliminate non-core activities. As of December 25, 2021, Winmark had 1,271 franchises operating and 46 awarded but not yet open.
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