Winmark Q1 net income up to $2.71 EPS from $2.41; raises dividend to $0.96

WINMARK CORP

2025-Q1 EPS reported $2.71 revenue$21,919,700

Net income $9.96M ($2.71 diluted EPS) vs $8.82M ($2.41 diluted EPS) YoY.
Q1 included $2.2M leasing income from litigation settlement.
Run-off of leasing portfolio substantially complete per CEO.
Board raises quarterly dividend to $0.96/share (up $0.06), payable June 2 to holders of record May 14.
Franchising: 1,363 open, 79 awarded not open.

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