Winmark (NASDAQ:WINA) Announces Quarterly Earnings Results

Winmark (NASDAQ:WINA) announced its earnings results on Wednesday. The specialty retailer reported $3.21 EPS for the quarter, missing the consensus estimate of $3.23 by ($0.02), Zacks reports. Winmark had a negative return on equity of 90.38% and a net margin of 45.13%. The company had revenue of $27.89 million for the quarter, compared to analyst estimates of $23.99 million.

Winmark Stock Performance

Shares of NASDAQ WINA opened at $314.26 on Friday. The company’s 50 day moving average price is $317.71 and its 200-day moving average price is $362.56. Winmark has a 52-week low of $280.05 and a 52-week high of $488.83. The company has a market capitalization of $1.13 billion, a P/E ratio of 28.03 and a beta of 0.57.

Winmark Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Wednesday, November 11th will be given a $1.02 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.3%. Winmark’s payout ratio is 36.40%.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Winmark from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 18th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company has an average rating of “Hold”.

More Winmark News

Here are the key news stories impacting Winmark this week:

• Positive Sentiment: Revenue and earnings increased: Third-quarter revenue rose 23% year over year to $27.9 million, while net income increased to $11.8 million, or $3.21 per diluted share, from $11.1 million, or $3.02 per share, a year earlier. Operating income also improved to $15.8 million from $14.9 million. Winmark Q3 Revenue Rises to $27.9 Million as Net Income Reaches $11.8 Million
• Positive Sentiment: Dividend announcement supports shareholder returns: Winmark approved a quarterly cash dividend of $1.02 per share, payable December 1 to shareholders of record November 11. The company also approved a special dividend, providing an additional potential catalyst for income-focused investors. Winmark Corporation Announces Quarterly Cash Dividend and Special Dividend
• Positive Sentiment: Franchise network remains sizable: Winmark ended the quarter with 1,398 operating franchises and 79 additional awarded franchises that have not yet opened, indicating continued expansion potential.
• Neutral Sentiment: Revenue beat estimates, but EPS narrowly missed: Quarterly revenue exceeded the $23.99 million consensus estimate, but earnings per share of $3.21 came in slightly below the $3.23 analyst forecast. Winmark Fiscal Q3 Earnings, Revenue Rise
• Negative Sentiment: Valuation and ownership signals remain considerations: WINA trades at roughly 26.6 times earnings and remains below its 200-day moving average. Institutional positioning was mixed, with some large investors reducing or exiting holdings while others added shares.

Winmark Company Profile

Winmark Corporation is a franchising and equipment-leasing company headquartered in Minneapolis, Minnesota. Through its franchise business, the company supports a portfolio of retail brands focused primarily on the resale of apparel, children’s products, sporting goods and musical instruments.

Winmark’s principal franchise concepts include Plato’s Closet, Once Upon a Child, Play It Again Sports, Style Encore and Music Go Round. These stores acquire and resell gently used merchandise, offering consumers lower-cost alternatives while providing opportunities for individuals to operate locally owned businesses.