secwatch.observer — SEC 8-K summary
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Issuer:     WINMARK CORP (WINA)
CIK:        0000908315
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0000908315-25-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908315/000090831525000006/0000908315-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908315/000090831525000006/wina-20250219x8k.htm
  HTML page:      https://secwatch.observer/filing/0000908315-25-000006

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