Winmark Corporation (NASDAQ:WINA – Get Free Report) announced a quarterly dividend on Wednesday, October 14th. Investors of record on Wednesday, November 11th will be given a dividend of $1.02 per share by the specialty retailer on Tuesday, December 1st. This represents a $4.08 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, November 10th.
Winmark has raised its dividend by an average of 0.3% per year over the last three years and has increased its dividend annually for the last 5 consecutive years. Winmark has a dividend payout ratio of 32.9% indicating that its dividend is sufficiently covered by earnings.
Winmark Stock Performance
Shares of NASDAQ:WINA opened at $297.97 on Thursday. Winmark has a twelve month low of $280.05 and a twelve month high of $488.83. The firm has a market cap of $1.07 billion, a PE ratio of 27.04 and a beta of 0.57. The business has a fifty day moving average of $318.50 and a 200-day moving average of $363.29.
Key Stories Impacting Winmark
Here are the key news stories impacting Winmark this week:
- Positive Sentiment: Third-quarter revenue rose 23% year over year to $27.9 million, exceeding analysts’ expectations of $23.99 million. Net income increased to $11.8 million, or $3.21 per diluted share, compared with $11.1 million, or $3.02 per share, a year earlier. Winmark Q3 Revenue Rises to $27.9 Million as Net Income Reaches $11.8 Million
- Positive Sentiment: Winmark’s franchise-focused business continued to expand, with 1,398 operating franchises and 79 additional awarded franchises not yet open. Royalties increased to $21.7 million from $20.9 million, while operating income rose to $15.8 million from $14.9 million. Winmark Fiscal Q3 Earnings, Revenue Rise
- Positive Sentiment: The board approved a regular quarterly dividend of $1.02 per share, payable December 1 to shareholders of record November 11. It also approved a special dividend, reinforcing Winmark’s shareholder-return profile and likely contributing to investor enthusiasm. Winmark Announces Quarterly Cash Dividend and Special Dividend
- Neutral Sentiment: Winmark generated a 47.09% net margin and held $28.0 million in cash at quarter-end, though the company’s high valuation remains a consideration for investors. The stock trades at approximately 27 times earnings, below its 52-week high but above its recent moving averages.
- Negative Sentiment: Quarterly earnings per share of $3.21 narrowly missed the consensus estimate of $3.23. The small shortfall may limit the upside reaction if investors focus on earnings execution rather than revenue growth and dividends. Winmark earnings and stock information
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.
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