Winmark Q1 net income $8.8M, EPS $2.41; raises quarterly dividend to $0.90

WINMARK CORP

2024-Q1 EPS reported $2.41 revenue$20,109,500

Net income $8.819M ($2.41 diluted EPS) vs $8.943M ($2.49) in Q1 2023.
Quarterly dividend increased by $0.10 to $0.90 per share, payable June 3 to holders of record May 15.
Franchise count at quarter end: 1,327 open, 73 awarded but not yet open.
Leasing portfolio run-off continued; no forward guidance provided.

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 0.95

WINMARK CORP reported the quarter ended March 30, 2024 results: net income $8,819,000, EPS $2.41 per share diluted.

Period: the quarter ended March 30, 2024
Net income: $8,819,000
EPS: $2.41 per share diluted
Result: reported results

Exact text from the filing

Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended March 30, 2024 of $8,819,000 or $2.41 per share diluted compared to net income of $8,942,700 or $2.49 per share diluted in 2023.

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Source: SEC EDGAR

accession 0000908315-24-000018

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