Winmark Corporation (WINA) To Go Ex-Dividend on November 10th

Winmark Corporation (NASDAQ:WINA) declared a quarterly dividend on Wednesday, October 14th. Stockholders 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 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, November 10th.

Winmark has increased its dividend payment by an average of 0.3% per year over the last three years and has raised its dividend every year for the last 5 years. Winmark has a dividend payout ratio of 32.9% meaning its dividend is sufficiently covered by earnings.

Winmark Trading Up 5.5%

Shares of WINA opened at $314.26 on Friday. The company has a 50-day moving average of $317.71 and a two-hundred day moving average of $362.56. Winmark has a 12-month low of $280.05 and a 12-month high of $488.83. The stock has a market cap of $1.13 billion, a P/E ratio of 28.03 and a beta of 0.57.

Winmark (NASDAQ:WINA) last posted its earnings results on Wednesday, October 14th. The specialty retailer reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.23 by ($0.02). Winmark had a net margin of 45.13% and a negative return on equity of 90.38%. The company had revenue of $27.89 million during the quarter, compared to analysts’ expectations of $23.99 million.

Key Headlines Impacting Winmark

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.