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Apr 01, 2023
Winmark Q1 2023 Earnings Report
Winmark's net income decreased compared to the same quarter last year, impacted by the decision to run-off its leasing portfolio.
Key Takeaways
Winmark Corporation reported a net income of $8,942,700, or $2.49 per share diluted, for the quarter ended April 1, 2023. This compares to a net income of $9,852,500, or $2.65 per share diluted, for the same period in 2022. The company's results were affected by the decision in May 2021 to run-off its leasing portfolio.
Net income for the quarter was $8,942,700, or $2.49 per share diluted.
This is a decrease compared to net income of $9,852,500, or $2.65 per share diluted, in the same quarter of 2022.
The decision to run-off its leasing portfolio impacted the results.
There were 1,297 franchises in operation as of April 1, 2023.
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Revenue & Expenses
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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