---
schema_version: "secwatch.filing_event.v1"
accession: "0000908315-22-000016"
form_type: "8-K"
ticker: "WINA"
cik: "0000908315"
company_name: "WINMARK CORP"
filed_at: "2022-04-13T23:59:59+00:00"
generated_at: "2026-06-26T07:48:24.254524+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Winmark Q1 net income $9.85M ($2.65 EPS) vs $9.31M ($2.40) prior year; dividend raised to $0.70/share

## Summary
- Q1 net income $9.85M, diluted EPS $2.65 vs $9.31M, $2.40 YoY.
- Quarterly dividend increased by $0.25 to $0.70/share, payable June 1, 2022 to holders of record May 11, 2022.
- Entered $30M delayed draw term loan facility; revolving commitment reduced to $20M, extended to April 2027.
- New $100M private shelf agreement with Prudential; $46.6M existing notes outstanding.
- Drew $15M at 4.60% to pay down revolver and increase cash balances.

## SEC filing metadata
- accession: 0000908315-22-000016
- form_type: 8-K
- ticker: WINA
- cik: 0000908315
- company_name: WINMARK CORP
- filed_at: 2022-04-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908315/000090831522000016/0000908315-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908315/000090831522000016/c315-20220412x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908315-22-000016
- JSON: https://secwatch.observer/filing/0000908315-22-000016.json
- Plain text: https://secwatch.observer/filing/0000908315-22-000016.txt

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