secwatch.observer — SEC 8-K summary
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Issuer:     WINMARK CORP (WINA)
CIK:        0000908315
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0000908315-24-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Winmark Q2 net income flat at $10.4M ($2.85 EPS); declares $0.90 dividend
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- Q2 net income $10.4M ($2.85 diluted EPS) virtually unchanged from $10.4M ($2.85) in Q2 2023.
- Six-month net income $19.3M ($5.26 EPS) vs $19.3M ($5.34) in prior year; slight decline.
- Franchise network: 1,336 open units as of June 29, 2024, plus 77 awarded not yet open.
- Quarterly cash dividend of $0.90 per share, payable Sept 3, 2024 to holders of record Aug 14, 2024.
- CEO cites year-to-date royalty growth from higher store count and per unit performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908315/000090831524000029/0000908315-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908315/000090831524000029/wina-20240717x8k.htm
  HTML page:      https://secwatch.observer/filing/0000908315-24-000029

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