earnings
confidence high
sentiment positive
materiality 0.75
Winmark Q2 net income jumps to $2.33 EPS from $1.33; declares $0.45 dividend, boosts buyback by 11%
WINMARK CORP
2021-Q2 EPS reported
$4.74
revenue$37,688,500
- Q2 net income $8.9M ($2.33 diluted EPS) vs $5.1M ($1.33) in prior year; H1 net income $18.2M ($4.74 EPS) vs $12.4M ($3.21 EPS).
- Quarterly dividend of $0.45 per share approved, payable Sept 1, 2021 to Aug 11 record date.
- Board increased share repurchase authorization by 400,000 shares (~11% of outstanding).
- Company operates 1,266 franchises as of June 26, 2021.