Winmark FY2022 net income $39.4M ($10.97 EPS), revenue up 4% to $81.4M

WINMARK CORP

2022-FY EPS reported $10.97 revenue$81,410,800

Net income $39.4M ($10.97 diluted EPS) vs $39.9M ($10.48) in 2021; Q4 net income $10.2M ($2.86 EPS).
Revenue $81.4M, up from $78.2M in 2021; includes extra week of operations.
Franchise count 1,295 at year-end; 57 awarded not yet open; 2,800+ available territories.
Board elected Philip I. Smith (Executive Chairman of Intricon) as new director; board expanded to nine.
Mr. Smith received option to purchase 4,500 shares under 2020 Stock Option Plan.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Philip I. Smith

Director

WINA · WINMARK CORP

Effective: 2023-03-01
Filed: March 1, 2023, 6:59 PM ET

Effective March 1, 2023, the Board of Directors (the “Board”) of Winmark Corporation (the “Company”) increased the number of authorized directors of the Company from eight to nine and elected Philip I. Smith to serve on the Company’s Board.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WINMARK CORP reported year ended December 31, 2022 results: revenue $81,410,800, net income $39,424,900, EPS $10.97.

Period: year ended December 31, 2022
Revenue: $81,410,800
Net income: $39,424,900
EPS: $10.97
Result: reported results

Exact text from the filing

or $2.86 per share diluted, compared to net income of $11,589,000 or $3.09 per share diluted, for the same period last year. Revenues for the year ended December 31, 2022 were $81,410,800 up from $78,216,200 in 2021. Financial performance for 2022 included an extra week of operations due to the Company’s fiscal year ending on the last Saturday of December. Brett

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Philip I. Smith was elected as Director at WINMARK CORP.

Action: elected
Role: Director

Exact text from the filing

Effective March 1, 2023, the Board of Directors (the “Board”) of Winmark Corporation (the “Company”) increased the number of authorized directors of the Company from eight to nine and elected Philip I. Smith to serve on the Company’s Board.

View on SEC.gov

Browse all earnings releases →

WINMARK CORP filing history →

Source: SEC EDGAR

accession 0000908315-23-000005

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.