secwatch.observer — SEC 8-K summary
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Issuer:     WINMARK CORP (WINA)
CIK:        0000908315
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0000908315-23-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908315/000090831523000005/0000908315-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908315/000090831523000005/wina-20230301x8k.htm
  HTML page:      https://secwatch.observer/filing/0000908315-23-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer