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Sep 28, 2024
Winmark Q3 2024 Earnings Report
Winmark's net income remained relatively stable, with a minor decrease in earnings per share for Q3 2024.
Key Takeaways
Winmark Corporation reported a slight decrease in net income for the quarter ended September 28, 2024, with $11,120,700 compared to $11,149,800 in 2023. Diluted earnings per share also saw a minor decrease, from $3.05 to $3.03. The results were affected by the company's decision to run-off its leasing portfolio since May 2021.
Net income for Q3 2024 was $11,120,700, slightly lower than $11,149,800 in Q3 2023.
Diluted earnings per share decreased to $3.03 from $3.05 in the same quarter last year.
The company had 1,343 franchises in operation as of September 28, 2024.
Winmark continues to focus on sustainability and small business formation through its resale franchise model.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to future events or the future financial performance of the Company.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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