Winmark Corp. (WINA) Announces Quarterly Earnings Results
Winmark Corp. (NASDAQ:WINA) issued its quarterly earnings data on Wednesday. The company reported $1.41 earnings per share (EPS) for the quarter. Winmark Corp. had a negative return on equity of 72.34% and a net margin of 32.02%. The company earned $16.70 million during the quarter, compared to the consensus estimate of $16 million.
Shares of Winmark Corp. (NASDAQ:WINA) traded down 1.65% during trading on Wednesday, hitting $104.60. The stock had a trading volume of 1,814 shares. The firm has a 50-day moving average price of $105.14 and a 200 day moving average price of $99.89. The company has a market capitalization of $429.80 million, a PE ratio of 21.59 and a beta of 0.67. Winmark Corp. has a 52 week low of $82.69 and a 52 week high of $109.49.
In related news, insider Steven C. Zola sold 304 shares of Winmark Corp. stock in a transaction dated Friday, August 5th. The stock was sold at an average price of $98.99, for a total value of $30,092.96. Following the completion of the transaction, the insider now owns 3,072 shares in the company, valued at $304,097.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Nine Ten Capital Management Ll sold 274 shares of Winmark Corp. stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $108.02, for a total value of $29,597.48. The disclosure for this sale can be found here. 38.40% of the stock is owned by corporate insiders.
Winmark Corp. Company Profile
Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade used merchandise. The Company operates in two business segments: franchising and leasing. The franchising segment franchises retail store concepts that buy, sell, trade and consign merchandise. The leasing segment includes Winmark Capital Corporation, which is the Company’s middle-market equipment leasing business, and Wirth Business Credit, Inc, its small-ticket financing business.
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