Winmark (NASDAQ:WINA) Posts Earnings Results, Misses Estimates By $0.02 EPS

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 99.47% and a net margin of 47.09%. The firm had revenue of $27.89 million for the quarter, compared to the consensus estimate of $23.99 million.

Winmark Stock Up 3.4%

Shares of NASDAQ WINA traded up $9.63 during mid-day trading on Wednesday, hitting $292.01. 24,068 shares of the company traded hands, compared to its average volume of 69,608. Winmark has a 1 year low of $280.05 and a 1 year high of $488.83. The business has a 50 day moving average of $319.80 and a two-hundred day moving average of $364.21. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 26.52 and a beta of 0.57.

Analysts Set New Price Targets

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

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.