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Jul 01, 2023
Winmark Q2 2023 Earnings Report
Winmark's second quarter results were announced, showing an increase in net income compared to the same period in 2022.
Key Takeaways
Winmark Corporation reported a net income of $10,368,800, or $2.85 per share diluted, for the quarter ended July 1, 2023, compared to a net income of $9,027,200, or $2.54 per share diluted, for the same period in 2022. The company had 1,303 franchises in operation as of July 1, 2023.
Net income increased to $10,368,800 from $9,027,200 in the previous year.
Diluted earnings per share rose to $2.85 from $2.54 year-over-year.
There were 1,303 franchises in operation as of July 1, 2023.
The company focuses on sustainability and small-business formation through its franchising business.
Winmark
Winmark
Winmark Revenue by Segment
Revenue by Segment
Deposit related fees Revenue
CapyFin.comLoan related fees Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income