---
schema_version: "secwatch.filing_event.v1"
accession: "0000908315-25-000006"
form_type: "8-K"
ticker: "WINA"
cik: "0000908315"
company_name: "WINMARK CORP"
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T12:56:32.960902+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Winmark Q4 2024 net income $9.58M ($2.60/diluted), down from $9.72M ($2.64); full-year revenue $81.3M

## Summary
- FY2024 net income $39.95M ($10.89 diluted EPS) vs $40.18M ($11.04) in 2023.
- Q4 2024 net income $9.58M ($2.60 diluted) vs $9.72M ($2.64) in Q4 2023.
- Annual revenue $81.29M, down from $83.24M; decline due to lease portfolio run-off.
- 1,350 franchises in operation at Dec 28, 2024; 79 awarded not yet open.
- Franchise brands: Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, Music Go Round.

## SEC filing metadata
- accession: 0000908315-25-000006
- form_type: 8-K
- ticker: WINA
- cik: 0000908315
- company_name: WINMARK CORP
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908315/000090831525000006/0000908315-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908315/000090831525000006/wina-20250219x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908315-25-000006
- JSON: https://secwatch.observer/filing/0000908315-25-000006.json
- Plain text: https://secwatch.observer/filing/0000908315-25-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.