Winmark (NASDAQ:WINA) Releases Earnings Results

Winmark (NASDAQ:WINA) posted its quarterly earnings results on Wednesday. The specialty retailer reported $2.81 earnings per share for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.33), Zacks reports. Winmark had a net margin of 48.19% and a negative return on equity of 100.45%.

Winmark Stock Performance

NASDAQ WINA traded down $5.62 on Wednesday, hitting $371.05. 7,158 shares of the stock traded hands, compared to its average volume of 70,365. Winmark has a 12 month low of $338.18 and a 12 month high of $527.37. The business’s fifty day moving average is $387.37 and its two-hundred day moving average is $415.37. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 33.10 and a beta of 0.52.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in shares of Winmark by 7.7% during the 1st quarter. Royal Bank of Canada now owns 9,885 shares of the specialty retailer’s stock worth $3,143,000 after acquiring an additional 708 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Winmark by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,736 shares of the specialty retailer’s stock worth $552,000 after purchasing an additional 77 shares during the period. Dynamic Technology Lab Private Ltd lifted its stake in Winmark by 36.8% in the first quarter. Dynamic Technology Lab Private Ltd now owns 766 shares of the specialty retailer’s stock worth $243,000 after purchasing an additional 206 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Winmark by 28.0% during the first quarter. Goldman Sachs Group Inc. now owns 21,279 shares of the specialty retailer’s stock valued at $6,764,000 after buying an additional 4,653 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Winmark by 6.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,252 shares of the specialty retailer’s stock valued at $1,987,000 after buying an additional 386 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

Winmark Company Profile

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.