secwatch.observer — SEC 8-K summary
======================================

Issuer:     WINMARK CORP (WINA)
CIK:        0000908315
Form:       8-K
Filed at:   2021-07-14T23:59:59+00:00
Accession:  0000908315-21-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Winmark Q2 net income jumps to $2.33 EPS from $1.33; declares $0.45 dividend, boosts buyback by 11%
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908315/000090831521000024/0000908315-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908315/000090831521000024/c315-20210714x8k.htm
  HTML page:      https://secwatch.observer/filing/0000908315-21-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer