secwatch.observer — SEC 8-K summary
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Issuer:     WINMARK CORP (WINA)
CIK:        0000908315
Form:       8-K
Filed at:   2023-04-19T23:59:59+00:00
Accession:  0000908315-23-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Winmark Q1 net income down 9% YoY to $2.49 EPS; dividend raised to $0.80 quarterly
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- Net income of $8.94M ($2.49 diluted EPS) vs $9.85M ($2.65 EPS) in Q1 2022.
- Quarterly cash dividend increased by $0.10 to $0.80 per share, payable June 1, 2023.
- Record date for dividend is May 17, 2023; future dividends subject to Board approval.
- Company attributed results to May 2021 decision to run-off leasing portfolio.
- 1,297 franchises in operation as of April 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908315/000090831523000019/0000908315-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908315/000090831523000019/wina-20230419x8k.htm
  HTML page:      https://secwatch.observer/filing/0000908315-23-000019

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