secwatch.observer — SEC 8-K summary
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Issuer:     WINMARK CORP (WINA)
CIK:        0000908315
Form:       8-K
Filed at:   2021-10-14T23:59:59+00:00
Accession:  0000908315-21-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Winmark Q3 net income rises to $10.1M ($2.67 EPS); declares $7.50 special dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908315/000090831521000033/0000908315-21-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908315/000090831521000033/c315-20211013x8k.htm
  HTML page:      https://secwatch.observer/filing/0000908315-21-000033

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