Winmark FY 2023 net income $40.2M ($11.04 EPS) vs $39.4M ($10.97 EPS) in FY 2022

WINMARK CORP

2023-FY EPS reported $11.04 revenue$83,243,500

Revenue rose to $83.2M from $81.4M in 2022; Q4 revenue not separately disclosed.
Q4 net income $9.7M ($2.64 diluted EPS) down from $10.2M ($2.86) a year ago.
1,319 franchises operating at Dec 30, 2023; 71 additional awarded but not yet open.
CEO cited positive franchise performance but slower growth in H2 2023.
2022 had an extra week; leasing portfolio runoff continued to affect results.

item 2.02 item 7.01 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 year ended December 30, 2023 results: revenue $83,243,500, net income $40,178,100, EPS $11.04 per share diluted.

Period: the year ended December 30, 2023
Revenue: $83,243,500
Net income: $40,178,100
EPS: $11.04 per share diluted
Result: reported results

Exact text from the filing

Winmark Corporation (Nasdaq: WINA) announced today net income for the year ended December 30, 2023 of $40,178,100 or $11.04 per share diluted compared to net income of $39,424,900 or $10.97 per share diluted in 2022. The fourth quarter 2023 net income was $9,716,800 or $2.64 per share diluted, compared to net income of $10,176,600 or $2.86 per share diluted, for the same period last year. Revenues for the year ended December 30, 2023 were $83,243,500, up from $81,410,800 in 2022.

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Source: SEC EDGAR

accession 0000908315-24-000007

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