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Dec 26, 2020
Winmark Q4 2020 Earnings Report
Winmark's net income decreased slightly in Q4 2020 compared to the same period last year, while navigating disruptions from the COVID-19 resurgence.
Key Takeaways
Winmark Corporation reported a slight decrease in net income for Q4 2020, amounting to $8,092,300 or $2.09 per share diluted, compared to $8,461,400 or $2.08 per share diluted for the same period last year. The company's performance occurred amidst disruptions to franchise store operations due to the resurgence of COVID-19.
Q4 2020 net income was $8,092,300, or $2.09 per share diluted.
This compares to a net income of $8,461,400, or $2.08 per share diluted, for Q4 2019.
Full year 2020 net income reached $29,823,300, or $7.72 per share diluted.
Total revenue for the year ended December 26, 2020, was $66,061,800.
Winmark
Winmark
Winmark Revenue by Segment
Revenue by Segment
Deposit related fees Revenue
CapyFin.comTrust Revenue
CapyFin.com 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. Such forward-looking statements are only predictions or statements of intention subject to risks and uncertainties and actual events or results could differ materially from those anticipated. Because actual result may differ, shareholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements.
Revenue & Expenses
Visualization of income flow from segment revenue to net income