Winmark Q2 net income $10.4M ($2.85 EPS) up 14.9% YoY; declares $0.80 quarterly dividend

WINMARK CORP

2023-Q2 EPS reported $5.34 revenue$40,885,800

Q2 net income $10.37M ($2.85 diluted EPS), up from $9.03M ($2.54) in prior-year quarter.
Quarterly dividend of $0.80/share declared; payable Sept 1, 2023 to Aug 16 record holders.
Franchise system: 1,303 open stores, 70 awarded not yet open, over 2,800 territories available.
CEO Brett Heffes noted positive franchisee performance and strong operational support.

item 2.02 item 7.01 item 8.01 item 9.01

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 the quarter ended July 1, 2023 results: net income $10,368,800, EPS $2.85 per share diluted.

Period: the quarter ended July 1, 2023
Net income: $10,368,800
EPS: $2.85 per share diluted
Result: reported results

Exact text from the filing

Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended July 1, 2023 of $10,368,800 or $2.85 per share diluted compared to net income of $9,027,200 or $2.54 per share diluted in 2022.

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Source: SEC EDGAR

accession 0000908315-23-000029

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