Winmark (NASDAQ:WINA) Issues Quarterly Earnings Results

Winmark (NASDAQ:WINA) announced its quarterly earnings data on Wednesday. The specialty retailer reported $2.60 EPS for the quarter, missing the consensus estimate of $2.65 by ($0.05), Zacks reports. Winmark had a negative return on equity of 85.43% and a net margin of 49.02%.

Winmark Stock Performance

WINA stock traded down $9.48 during mid-day trading on Wednesday, hitting $363.84. The company had a trading volume of 7,357 shares, compared to its average volume of 18,269. The stock’s fifty day moving average price is $390.94 and its two-hundred day moving average price is $383.36. Winmark has a 12 month low of $330.25 and a 12 month high of $431.67. The firm has a market cap of $1.28 billion, a PE ratio of 33.24 and a beta of 0.82.

Winmark Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Wednesday, February 12th will be given a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Wednesday, February 12th. Winmark’s dividend payout ratio is 32.94%.

Insider Activity

In other news, major shareholder Ronald G. Olson sold 3,659 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $424.21, for a total value of $1,552,184.39. Following the sale, the insider now owns 146,335 shares of the company’s stock, valued at $62,076,770.35. The trade was a 2.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 10.60% of the company’s stock.

Winmark Company Profile

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.