earnings
confidence high
sentiment positive
materiality 0.80
Winmark Q3 net income rises to $10.1M ($2.67 EPS); declares $7.50 special dividend
WINMARK CORP
2021-Q3 EPS reported
$7.40
revenue$57,841,900
- Q3 net income $10.08M ($2.67 diluted EPS) vs $9.36M ($2.43) YoY; nine-month net income $28.33M ($7.40) vs $21.73M ($5.63).
- Board declared $7.50 per share special dividend payable Dec 1, record Nov 10, totaling ~$27.2M funded by cash on hand.
- Quarterly cash dividend of $0.45 per share also declared, payable Dec 1 to holders of record Nov 10.
- Company repurchased 74,900 shares at $208 in block trade on Oct 14 for ~$15.6M under existing authorization.
- CEO cites $360M total capital returned over last decade via buybacks and dividends; 1,269 franchises at quarter end.