Winmark (NASDAQ:WINA) Posts Earnings Results, Misses Expectations By $0.13 EPS

Winmark (NASDAQ:WINA) posted its quarterly earnings data on Wednesday. The specialty retailer reported $3.03 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.13), Zacks reports. The firm had revenue of $21.51 million during the quarter. Winmark had a net margin of 48.57% and a negative return on equity of 85.12%.

Winmark Trading Up 1.5 %

NASDAQ:WINA opened at $382.02 on Friday. Winmark has a twelve month low of $330.25 and a twelve month high of $451.30. The company has a market cap of $1.34 billion, a P/E ratio of 34.89 and a beta of 0.79. The company’s 50-day moving average price is $366.39 and its 200-day moving average price is $364.50.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 13th will be given a $8.40 dividend. This represents a $33.60 dividend on an annualized basis and a dividend yield of 8.80%. This is a boost from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, November 13th. Winmark’s dividend payout ratio is 32.88%.

Insider Buying and Selling at Winmark

In other Winmark news, Director Lawrence A. Barbetta sold 2,412 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total value of $953,463.60. Following the completion of the sale, the director now directly owns 4,522 shares in the company, valued at $1,787,546.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Lawrence A. Barbetta sold 2,412 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total transaction of $953,463.60. Following the completion of the transaction, the director now directly owns 4,522 shares in the company, valued at approximately $1,787,546.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lawrence A. Barbetta sold 583 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $405.09, for a total value of $236,167.47. Following the sale, the director now directly owns 7,058 shares of the company’s stock, valued at $2,859,125.22. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,119 shares of company stock worth $1,239,645. Insiders own 10.60% of the company’s stock.

About Winmark

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.