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Sep 24, 2022
Winmark Q3 2022 Earnings Report
Winmark's net income increased in the third quarter of 2022 compared to the same period in 2021, driven by strong performance during the back-to-school season.
Key Takeaways
Winmark Corporation reported net income of $10.37 million, or $2.93 per share diluted, for the quarter ended September 24, 2022. This compares to net income of $10.08 million, or $2.67 per share diluted, for the same period in 2021. The results reflect strong performance during the back to school season, as noted by CEO Brett D. Heffes.
Net income for the quarter ended September 24, 2022, was $10,368,600, or $2.93 per share diluted.
This compares to net income of $10,082,500, or $2.67 per share diluted, for the same quarter in 2021.
The company had 1,291 franchises in operation as of September 24, 2022.
An additional 54 franchises have been awarded but are not yet open.
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