as of 10-22-2026 3:18pm EST
Winmark Corp is a franchisor of value-oriented retail store concepts that buy, sell, and trade gently used merchandise. The company has one reportable segment, including Franchising, and one non-reportable segment, Leasing. The franchising segment franchises value-oriented retail stores that buy, sell, trade, and consign merchandise as well as provide strategic consulting services relating to franchising. The leasing segment includes the middle-market equipment leasing business and small-ticket financing business. It generates a majority of its revenue from the Franchising segment.
| Founded: | 1988 | Country: | United States |
| Employees: | N/A | City: | MINNEAPOLIS |
| Market Cap: | 1.1B | IPO Year: | 2006 |
| Target Price: | N/A | AVG Volume (30 days): | 60.4K |
| Analyst Decision: | N/A | Number of Analysts: | N/A |
| Dividend Yield: | Dividend Payout Frequency: | monthly | |
| EPS: | 8.51 | EPS Growth: | 3.76 |
| 52 Week Low/High: | $279.42 - $488.83 | Next Earning Date: | 10-14-2026 |
| Revenue: | $86,055,700 | Revenue Growth: | 5.86% |
| Revenue Growth (this year): | 12.61% | Revenue Growth (next year): | 44.75% |
| P/E Ratio: | 33.48 | Index: | |
| Free Cash Flow: | 44.7M | FCF Growth: | -1.98% |
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SEC 8-K filings with transcript text
Oct 14, 2026 · 100% conf.
1D
+1.92%
$303.70
Act: +5.47%
5D
+3.40%
$308.10
20D
+7.23%
$319.50
2 wina-ex99d1.htm
2020 2nd Qtr Results (00022559).DOCX
Exhibit 99.1
Contact:Anthony D. Ishaug
763/520-8500
Minneapolis, MN (October 14, 2026) - Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended September 26, 2026 of $11,818,100 or $3.21 per share diluted compared to net income of $11,136,500 or $3.02 per share diluted in 2025. For the nine months ended September 26, 2026, net income was $31,467,700 or $8.51 per share diluted compared to net income of $31,694,200 or $8.61 per share diluted for the same period last year. 2025 year-to-date results included $2.2 million of leasing income from the settlement of customer litigation.
“During the quarter, Winmark launched the North American Advertising Fund for Plato’s Closet and recently delivered a point-of-sale pilot at one of our franchised locations. Additionally, we have announced North American Advertising Funds for our Once Upon A Child and Play It Again Sports brands for campaigns starting in 2027,” stated Brett D. Heffes, Chair and Chief Executive Officer. “For many years Winmark and our franchisees have underinvested in the marketing necessary to consistently amplify our message across North America. We are taking the appropriate steps to expand awareness of our brands.”
Winmark - the Resale Company®, is a nationally recognized franchisor focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award winning resale franchises: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. At September 26, 2026, there were 1,398 franchises in operation and over 2,800 available territories. An additional 79 franchises have been awarded but are not open.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to future events or the future financial performance of the Company. Such forward-looking statements are only predictions or statements of intention subject to risks and uncertainties and actual events or results could differ materially from those anticipated. Because actual results may differ, shareholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements.
(Unaudited)
September 26, 2026
December 27, 2025
Current Assets:
Cash and cash equivalents
$
27,964,200
$
10,295,700
Restricted cash
150,000
165,000
Receivables, net
2,253,300
1,483,500
Income tax receivable
—
463,600
Inventories
789,200
362,500
Prepaid expenses
1,447,200
1,325,700
Total current assets
32,603,900
14,096,000
Property and equipment, net
1,214,400
1,219,000
Operating lease right of use asset
1,482,300
1,761,500
Intangible assets, net
2,020,800
2,286,300
Capitalized software
2,272,400
—
Goodwill
607,500
607,500
Other assets
528,500
506,400
Deferred income taxes
4,304,900
4,407,400
$
45,034,700
$
24,884,100
Current Liabilities:
Accounts payable
$
1,824,800
$
1,673,900
Income tax payable
100,200
—
Accrued liabilities
6,612,500
2,324,800
Deferred revenue
1,666,900
1,667,300
Total current liabilities
10,204,400
5,666,000
Long-Term Liabilities:
Line of credit/Term loan
30,000,000
30,000,000
Notes payable, net
29,974,700
29,961,000
Deferred revenue
8,447,400
8,350,100
Operating lease liabilities
1,869,500
2,414,200
Other liabilities
1,936,000
2,175,200
Total long-term liabilities
72,227,600
72,900,500
Shareholders’ Equity (Deficit):
Common stock, no par, 10,000,000 shares authorized, 3,559,195 and 3,571,861 shares issued and outstanding
15,181,700
19,612,800
Retained earnings (accumulated deficit)
(52,579,000)
(73,295,200)
Total shareholders’ equity (deficit)
(37,397,300)
(53,682,400)
$
45,034,700
$
24,884,100
2
Winmark Corporation
(Unaudited)
Three Months Ended
Nine Months Ended
September 26, 2026
September 27, 2025
September 26, 2026
September 27, 2025
Revenue:
Jul 15, 2026 · 100% conf.
1D
+1.92%
$384.01
Act: +3.24%
5D
+3.40%
$389.57
Act: -6.58%
20D
+7.23%
$403.98
2 wina-20260715xex99d1.htm
2020 2nd Qtr Results (00022559).DOCX
Exhibit 99.1
Contact:Anthony D. Ishaug
763/520-8500
Minneapolis, MN (July 15, 2026) - Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended June 27, 2026 of $10,394,800 or $2.81 per share diluted compared to net income of $10,601,200 or $2.89 per share diluted in 2025. For the six months ended June 27, 2026, net income was $19,649,600 or $5.31 per share diluted compared to net income of $20,557,600 or $5.60 per share diluted for the same period last year. 2025 year-to-date results included $2.2 million of leasing income from the settlement of customer litigation.
“Winmark has continued to make investments in advance of the Plato’s Closet North American Ad Fund launch and in support of technology and innovation initiatives across our network,” noted Brett D. Heffes, Chair and Chief Executive Officer
Winmark - the Resale Company®, is a nationally recognized franchisor focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award winning resale franchises: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. At June 27, 2026, there were 1,389 franchises in operation and over 2,800 available territories. An additional 87 franchises have been awarded but are not open.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to future events or the future financial performance of the Company. Such forward-looking statements are only predictions or statements of intention subject to risks and uncertainties and actual events or results could differ materially from those anticipated. Because actual result may differ, shareholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements.
(Unaudited)
June 27, 2026
December 27, 2025
Current Assets:
Cash and cash equivalents
$
25,834,500
$
10,295,700
Restricted cash
150,000
165,000
Receivables, net
1,843,400
1,483,500
Income tax receivable
436,800
463,600
Inventories
656,900
362,500
Prepaid expenses
1,846,100
1,325,700
Total current assets
30,767,700
14,096,000
Property and equipment, net
1,086,300
1,219,000
Operating lease right of use asset
1,577,700
1,761,500
Intangible assets, net
2,109,300
2,286,300
Capitalized software
2,210,300
—
Goodwill
607,500
607,500
Other assets
526,600
506,400
Deferred income taxes
4,304,800
4,407,400
$
43,190,200
$
24,884,100
Current Liabilities:
Accounts payable
$
2,113,100
$
1,673,900
Accrued liabilities
4,422,500
2,324,800
Deferred revenue
1,669,100
1,667,300
Total current liabilities
8,204,700
5,666,000
Long-Term Liabilities:
Line of credit/Term loan
30,000,000
30,000,000
Notes payable, net
29,970,200
29,961,000
Deferred revenue
8,417,400
8,350,100
Operating lease liabilities
2,054,800
2,414,200
Other liabilities
2,165,800
2,175,200
Total long-term liabilities
72,608,200
72,900,500
Shareholders’ Equity (Deficit):
Common stock, no par, 10,000,000 shares authorized, 3,587,079 and 3,571,861 shares issued and outstanding
23,110,400
19,612,800
Retained earnings (accumulated deficit)
(60,733,100)
(73,295,200)
Total shareholders’ equity (deficit)
(37,622,700)
(53,682,400)
$
43,190,200
$
24,884,100
2
Winmark Corporation
(Unaudited)
Three Months Ended
Six Months Ended
June 27, 2026
June 28, 2025
June 27, 2026
June 28, 2025
Revenue:
Royalties
$
20,117,000
$
18,662,100
$
39,379,800
$
36,436,700
Leasing income
—
46,600
—
2,354,500
Merchandise sales
859,300
803,600
1,513,200
1,744,900
Franchise fees
419,500
338,400
762,400
670,400
Other
570,200
566,100
1,160,300
1,129,900
Total revenue
Apr 15, 2026
2 wina-20260415xex99d1.htm
2020 2nd Qtr Results (00022559).DOCX
Exhibit 99.1
Contact:Anthony D. Ishaug
763/520-8500
Minneapolis, MN (April 15, 2026) - Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended March 28, 2026 of $9,254,700 or $2.50 per share diluted compared to net income of $9,956,400 or $2.71 per share diluted in 2025. First quarter 2025 results included $2.2 million of leasing income from the settlement of customer litigation.
“During the quarter we introduced two significant enhancements to our business model in partnership with our franchisees,” noted Brett D. Heffes, Chair and Chief Executive Officer. “We are launching a North American Ad Fund for Plato’s Closet as well as modernizing the point-of-sale offering for our franchisees. These two improvements are intended to provide permanent vehicles to fund ongoing reinvestment in marketing, technology and innovation initiatives on behalf of our franchisees.” For additional details on these announcements, please refer to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 16, 2026.
Winmark - the Resale Company®, is a nationally recognized franchisor focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award winning resale franchises: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. At March 28, 2026, there were 1,383 franchises in operation and over 2,800 available territories. An additional 79 franchises have been awarded but are not open.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to future events or the future financial performance of the Company. Such forward-looking statements are only predictions or statements of intention subject to risks and uncertainties and actual events or results could differ materially from those anticipated. Because actual result may differ, shareholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements.
(Unaudited)
March 28, 2026
December 27, 2025
Current Assets:
Cash and cash equivalents
$
19,828,300
$
10,295,700
Restricted cash
100,000
165,000
Receivables, net
2,002,500
1,483,500
Income tax receivable
—
463,600
Inventories
421,400
362,500
Prepaid expenses
2,698,800
1,325,700
Total current assets
25,051,000
14,096,000
Property and equipment, net
1,138,400
1,219,000
Operating lease right of use asset
1,670,700
1,761,500
Intangible assets, net
2,197,800
2,286,300
Goodwill
607,500
607,500
Other assets
525,400
506,400
Deferred income taxes
4,407,400
4,407,400
$
35,598,200
$
24,884,100
Current Liabilities:
Accounts payable
$
1,057,500
$
1,673,900
Income tax payable
1,919,100
—
Accrued liabilities
4,496,800
2,324,800
Deferred revenue
1,654,700
1,667,300
Total current liabilities
9,128,100
5,666,000
Long-Term Liabilities:
Line of credit/Term loan
30,000,000
30,000,000
Notes payable, net
29,965,600
29,961,000
Deferred revenue
8,307,000
8,350,100
Operating lease liabilities
2,235,800
2,414,200
Other liabilities
2,170,400
2,175,200
Total long-term liabilities
72,678,800
72,900,500
Shareholders’ Equity (Deficit):
Common stock, no par, 10,000,000 shares authorized, 3,577,671 and 3,571,861 shares issued and outstanding
21,260,800
19,612,800
Retained earnings (accumulated deficit)
(67,469,500)
(73,295,200)
Total shareholders’ equity (deficit)
(46,208,700)
(53,682,400)
$
35,598,200
$
24,884,100
2
Winmark Corporation
(Unaudited)
Three Months Ended
March 28, 2026
March 29, 2025
Revenue:
Royalties
$
19,262,800
$
17,774,700
Leasing income
—
2,307,800
Merchandise sales
653,900
941,300
Franchise fees
342,900
332,100
Other
590,100
563,800
Total revenue
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