Winmark Corp. (WINA) Announces Quarterly Earnings Results
Winmark Corp. (NASDAQ:WINA) posted its quarterly earnings data on Wednesday. The company reported $1.41 earnings per share (EPS) for the quarter. Winmark Corp. had a negative return on equity of 72.34% and a net margin of 32.02%. The firm had revenue of $16.70 million for the quarter, compared to the consensus estimate of $16 million.
Shares of Winmark Corp. (NASDAQ:WINA) opened at 105.04 on Thursday. The firm’s 50 day moving average is $105.25 and its 200 day moving average is $99.93. Winmark Corp. has a 12 month low of $82.69 and a 12 month high of $109.49. The company has a market cap of $431.61 million, a PE ratio of 21.68 and a beta of 0.67.
In other Winmark Corp. news, major shareholder Ronald G. Olson sold 7,000 shares of Winmark Corp. stock in a transaction on Monday, August 1st. The shares were sold at an average price of $99.88, for a total value of $699,160.00. Following the completion of the sale, the insider now directly owns 553,859 shares of the company’s stock, valued at $55,319,436.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Nine Ten Partners Lp sold 2,900 shares of Winmark Corp. stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $108.16, for a total transaction of $313,664.00. The disclosure for this sale can be found here. 38.40% of the stock is currently owned by corporate insiders.
Winmark Corp. Company Profile
Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade used merchandise. The Company operates in two business segments: franchising and leasing. The franchising segment franchises retail store concepts that buy, sell, trade and consign merchandise. The leasing segment includes Winmark Capital Corporation, which is the Company’s middle-market equipment leasing business, and Wirth Business Credit, Inc, its small-ticket financing business.
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