---
schema_version: "secwatch.filing_event.v1"
accession: "0000908315-25-000022"
form_type: "8-K"
ticker: "WINA"
cik: "0000908315"
company_name: "WINMARK CORP"
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T14:08:41.625903+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000908315-25-000022
- form_type: 8-K
- ticker: WINA
- cik: 0000908315
- company_name: WINMARK CORP
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908315/000090831525000022/0000908315-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908315/000090831525000022/wina-20250416x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908315-25-000022
- JSON: https://secwatch.observer/filing/0000908315-25-000022.json
- Plain text: https://secwatch.observer/filing/0000908315-25-000022.txt

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