---
schema_version: "secwatch.filing_event.v1"
accession: "0000908315-22-000004"
form_type: "8-K"
ticker: "WINA"
cik: "0000908315"
company_name: "WINMARK CORP"
filed_at: "2022-02-23T23:59:59+00:00"
generated_at: "2026-06-27T05:47:44.525318+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Winmark reports 2021 net income $39.9M ($10.48 EPS), up 34% YoY; revenue $78.2M

## Summary
- Net income $39.9M ($10.48 diluted) vs $29.8M ($7.72) in 2020; revenue $78.2M up 18%.
- Q4 net income $11.6M ($3.09 diluted) vs $8.1M ($2.09) in Q4 2020.
- Franchise count at Dec 25, 2021: 1,271 open, 46 awarded not open, over 2,800 territories.
- CEO says 2021 results exceptional; company shed non-core activities to focus on resale market.

## SEC filing metadata
- accession: 0000908315-22-000004
- form_type: 8-K
- ticker: WINA
- cik: 0000908315
- company_name: WINMARK CORP
- filed_at: 2022-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908315/000090831522000004/0000908315-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908315/000090831522000004/c315-20220223x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908315-22-000004
- JSON: https://secwatch.observer/filing/0000908315-22-000004.json
- Plain text: https://secwatch.observer/filing/0000908315-22-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.