WINA · NASDAQ · Specialty Retail

Winmark

Franchisor behind five resale chains built around buy-sell-trade retail.

$337.25
After-hours close−0.14 (−0.04%)
At close$337.39(+0.64%)
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Profile

Winmark CorporationWINAConsumer Discretionary

Operates as the franchisor behind five resale concepts, licensing stores that buy, sell, and trade apparel, children's goods, sporting goods, and musical instruments. Most economics come from recurring royalties and franchise fees, while all stores are franchisee-owned and the legacy leasing arm has been run off.

Runs a franchise system built around Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round, which resell apparel, children's goods, sporting goods, and musical instruments through local stores. The footprint is North American and spread across hundreds of franchisee-owned locations, with no company-owned stores in the current count.

Revenue is tied mainly to royalty and franchise-fee streams, so execution depends on franchisee sales, store openings, brand licensing, and resale demand. E-commerce tools extend selected in-store inventory online for participating franchisees.

A former equipment-leasing operation has been put into runoff and no longer has leasing customers or leased assets. The business is shaped by local retail competition from new-merchandise stores, resale shops, thrift stores, and online marketplaces.

Company facts

CEOBrett D. Heffes
ListedAug 25, 1993
ExchangeNASDAQ
HeadquartersMinneapolis, MN
CountryUnited States
Employees87
CIK0000908315
ISINUS9742501029

Key statistics

Market cap$1.21B
EPS (ttm)$11.02
P/E (ttm)30.60
ROE-99.4%
P/B−32.07
P/S14.00
Dividend yield0.89%
Beta0.76vs XLY 0.68

Year to date −16.0% · Average volume (30d) 44.1K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate$3.23
ReportedDue Oct 14, 2026

Revenue

Estimate$24.0M
ReportedDue Oct 14, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 15, 2026Q2 FY26$3.14$2.81−10.5%$21.7M$22.0M+1.4%+3.24%
Apr 22, 2026Q1 FY26$2.70$2.50−7.4%$21.1M$20.8M−1.1%−2.76%
Feb 18, 2026Q4 FY25$2.78$2.69−3.2%$20.3M$21.1M+3.9%+3.79%
Oct 15, 2025Q3 FY25$3.22$3.02−6.2%$20.3M$22.6M+11.3%−2.64%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$21.9M$20.4M$22.6M$21.1M$20.8M$22.0M
Gross profit$21.0M$19.7M$22.0M$20.3M$20.2M$21.1M
Operating income$13.6M$13.1M$14.9M$13.0M$12.4M$13.6M
Net income$10.0M$10.6M$11.1M$10.0M$9.3M$10.4M
Diluted EPS$2.71$2.89$3.02$2.69$2.50$2.81
Gross margin95.9%96.2%97.1%96.3%97.0%96.3%
Operating margin62.0%64.0%65.9%61.7%59.3%62.1%

Fiscal years (4-quarter sums)FY21 $78.2M · FY22 $81.4M · FY23 $83.2M · FY24 $81.3M · FY25 $86.1M

Revenue by product · Q2 FY26

Royalty$20.1M · 92%
Product$859.3K · 4%
Product And Service, Other$570.2K · 3%
Franchise$419.5K · 2%

Balance sheet, Jun 27, 2026Cash & short-term investments $25.8M · Total debt $62.0M · Total assets $43.2M · Shareholders' equity −$37.6M

Dividends

Next ex-date
Nov 12, 2026
estimated · in 75 days
Annual dividend
$3.00
per share
Dividend yield
0.89%
Schedule
Quarterly
4 payments a year

Raised for 15 straight years — most recently to $1.02 from $0.96 in May 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Aug 12, 2026Aug 12Sep 1$1.02
May 13, 2026May 13Jun 1$1.02raised from $0.96
Feb 11, 2026Feb 11Mar 2$0.96
Nov 12, 2025Nov 12Dec 1$10.96special dividend
Aug 13, 2025Aug 13Sep 2$0.96
May 14, 2025May 14Jun 2$0.96raised from $0.90
Feb 12, 2025Feb 12Mar 3$0.90
Nov 13, 2024Nov 13Dec 2$8.40special dividend
View details

Ownership

Institutions 128.88%Insiders 5.95%

A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.

Shares outstanding 3.59M · Float 2.77M · 77.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.489.8K13.63%13FAug 7, 2026
Neuberger Berman Group LLC286.6K7.98%13FAug 13, 2026
Renaissance Technologies LLC204.4K5.69%13FAug 13, 2026
First Trust Portfolios L.P.190.2K5.32%13GJul 27, 2026
First Trust Advisors LP175.5K4.89%13FAug 11, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 4, 2026Jenele C. Grassledirector−3,900$475.80
Mar 3, 2026Percy C. Jr Tomlinsondirector−1,660$460.52
Nov 21, 2025Jenele C. Grassledirector−2,400$420.87
Oct 24, 2025Renae M. Gaudetteofficer: CHIEF OPERATING OFFICER−1,200$417.11
Sep 17, 2025Lawrence A. Barbettadirector−852$505.02
View details

Peers

  • Walmart

    Broad value retailer overlapping apparel, kids goods, and sports gear

  • Target

    General merchandiser competing across apparel, kids, and sports aisles

  • Gap

    Specialty apparel house overlapping teen, value, and kids clothing

  • Carter's

    Children's apparel specialist facing Once Upon A Child shoppers

  • American Eagle Outfitters

    Teen and young-adult apparel rival for Plato's Closet traffic

  • DICK'S Sporting Goods

    Sports retail leader overlapping Play It Again Sports categories

  • Abercrombie & Fitch

    Hollister-led apparel peer for teen and young-adult resale

  • Academy Sports + Outdoors

    Sporting-goods and outdoor retailer facing used-gear resale

CompareAfter-hours close

CompanyPriceChange
Winmark$337.25−0.04%$1.21B30.614.0+7.6%
Walmart$103.07−0.03%$820.40B37.234.51.1+5.9%
Target$163.23+0.05%$74.10B16.917.60.7+5.3%
Gap$23.48−0.04%$8.45B7.19.80.6−2.0%
Carter's$33.55−0.03%$1.24B6.19.80.4+5.2%
American Eagle Outfitters$16.91+0.30%$2.83B10.49.50.5+9.7%
DICK'S Sporting Goods$135.10+0.01%$11.54B14.510.30.5+53.2%
Abercrombie & Fitch$148.54+0.09%$6.59B12.712.31.2+4.8%
Academy Sports + Outdoors$43.80+0.71%$2.70B7.76.70.4+6.7%
Median11.610.10.5+5.6%