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Winmark Corporation reported a slight increase in net income for the quarter ended September 26, 2020, with $9,358,800 compared to $9,113,800 in the third quarter of 2019. Diluted earnings per share increased to $2.43 from $2.24 in the prior year. The company had 1,262 franchises in operation.
Net income for the quarter ended September 26, 2020, was $9,358,800, or $2.43 per share diluted.
This compares to a net income of $9,113,800, or $2.24 per share diluted, in the third quarter of 2019.
There were 1,262 franchises in operation as of September 26, 2020.
An additional 35 retail franchises have been awarded but are not yet open.
Visualization of income flow from segment revenue to net income