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Winmark Corporation Announces Quarterly Cash Dividend and Special Dividend

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Winmark (Nasdaq: WINA) has announced two dividend payments to shareholders. The company will pay a quarterly cash dividend of $0.90 per share and a special dividend of $7.50 per share, both on December 2, 2024, to shareholders of record as of November 13, 2024. The special dividend totals approximately $26.4 million and will be financed using cash on hand. Winmark, known as 'the Resale Company', operates franchises including Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round. As of September 28, 2024, Winmark had 1,343 franchises in operation, over 2,800 available territories, and 82 awarded but unopened franchises.

Winmark (Nasdaq: WINA) ha annunciato due pagamenti di dividendi agli azionisti. L'azienda effettuerà un dividendo in contante trimestrale di $0,90 per azione e un dividendo speciale di $7,50 per azione, entrambi in data 2 dicembre 2024, per gli azionisti registrati entro il 13 novembre 2024. Il dividendo speciale ammonta a circa $26,4 milioni e sarà finanziato utilizzando disponibilità liquide. Winmark, conosciuta come 'la Società di Rivendita', opera franchising tra cui Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore e Music Go Round. Al 28 settembre 2024, Winmark aveva 1.343 franchising attivi, oltre 2.800 territori disponibili e 82 franchising assegnati ma non ancora aperti.

Winmark (Nasdaq: WINA) ha anunciado dos pagos de dividendos a los accionistas. La empresa realizará un dividendo en efectivo trimestral de $0.90 por acción y un dividendo especial de $7.50 por acción, ambos el 2 de diciembre de 2024, para los accionistas registrados hasta el 13 de noviembre de 2024. El dividendo especial totaliza aproximadamente $26.4 millones y se financiará utilizando efectivo disponible. Winmark, conocida como 'la Empresa de Reventa', opera franquicias que incluyen Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore y Music Go Round. A partir del 28 de septiembre de 2024, Winmark tenía 1,343 franquicias en operación, más de 2,800 territorios disponibles y 82 franquicias otorgadas pero no abiertas.

Winmark (Nasdaq: WINA)는 주주들에게 두 번의 배당금을 발표했습니다. 회사는 주당 $0.90의 분기 현금 배당금주당 $7.50의 특별 배당금을 지급할 예정이며, 이는 2024년 12월 2일에 지급되고, 2024년 11월 13일 기준으로 주주들이 대상입니다. 특별 배당금 총액은 약 $26.4백만이며, 보유 현금을 이용해 재원 마련될 것입니다. '리세일 기업'으로 알려진 Winmark는 Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore 및 Music Go Round를 포함한 프랜차이즈를 운영하고 있습니다. 2024년 9월 28일 기준으로 Winmark는 1,343개의 운영 중인 프랜차이즈, 2,800개 이상의 사용 가능한 지역82개의 수여되었지만 개설되지 않은 프랜차이즈를 보유하고 있습니다.

Winmark (Nasdaq: WINA) a annoncé deux paiements de dividendes aux actionnaires. La société versera un dividende en espèces trimestriel de 0,90 $ par action et un dividende spécial de 7,50 $ par action, tous deux le 2 décembre 2024, aux actionnaires inscrits au 13 novembre 2024. Le dividende spécial s'élève à environ 26,4 millions $ et sera financé grâce à des liquidités disponibles. Winmark, connu comme 'l'Entreprise de Revente', opère des franchises telles que Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore et Music Go Round. Au 28 septembre 2024, Winmark comptait 1.343 franchises en activité, plus de 2.800 territoires disponibles et 82 franchises attribuées mais non ouvertes.

Winmark (Nasdaq: WINA) hat zwei Dividendenzahlungen an die Aktionäre angekündigt. Das Unternehmen wird eine vierteljährliche Bar-Dividende von $0,90 pro Aktie und eine sonstige Dividende von $7,50 pro Aktie am 2. Dezember 2024 zahlen, für Aktionäre, die am 13. November 2024 im Register stehen. Die Sonderdividende beträgt insgesamt ungefähr $26,4 Millionen und wird aus liquiden Mitteln finanziert. Winmark, bekannt als 'das Wiederverkaufsunternehmen', betreibt Franchises wie Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore und Music Go Round. Am 28. September 2024 hatte Winmark 1.343 aktive Franchises, über 2.800 verfügbare Gebiete und 82 verliehene, aber nicht eröffnete Franchises.

Positive
  • Quarterly cash dividend of $0.90 per share
  • Special dividend of $7.50 per share
  • Total special dividend amount of approximately $26.4 million
  • 1,343 franchises in operation
  • Over 2,800 available territories for expansion
  • 82 additional franchises awarded but not yet open
Negative
  • None.

MINNEAPOLIS--(BUSINESS WIRE)-- Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. The quarterly dividend of $0.90 per share will be paid on December 2, 2024 to shareholders of record on the close of business on November 13, 2024.

Additionally, the Board of Directors has approved the payment of a special dividend to shareholders. The special dividend of $7.50 per share will be paid on December 2, 2024 to shareholders of record on the close of business on November 13, 2024. The total amount of the special dividend will be approximately $26.4 million based on the current number of shares outstanding. It is anticipated that Winmark will use cash on hand to finance the special dividend. Future dividends will be subject to Board approval.

Winmark – the Resale Company®, is a nationally recognized franchising business 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 September 28, 2024, there were 1,343 franchises in operation and over 2,800 available territories. An additional 82 franchises have been awarded but are not open.

This press release contains forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to future events or the future financial performance of the Company. Such forward-looking statements are only predictions or statements of intention subject to risks and uncertainties and actual events or results could differ materially from those anticipated. Because actual result may differ, shareholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements.

Anthony D. Ishaug

763/520-8500

Source: Winmark Corporation

FAQ

When will Winmark (WINA) pay its quarterly and special dividends?

Winmark will pay both its quarterly dividend of $0.90 per share and special dividend of $7.50 per share on December 2, 2024.

What is the record date for Winmark 's (WINA) upcoming dividends?

The record date for both the quarterly and special dividends is the close of business on November 13, 2024.

How much is Winmark 's (WINA) special dividend worth in total?

The total amount of the special dividend is approximately $26.4 million, based on the current number of shares outstanding.

How many franchises does Winmark (WINA) have in operation as of September 28, 2024?

As of September 28, 2024, Winmark had 1,343 franchises in operation.

What brands does Winmark (WINA) operate as franchises?

Winmark operates franchises under the brands Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round.

Winmark Corp

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