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Dec 30, 2023
Winmark Q4 2023 Earnings Report
Winmark Corporation's net income decreased in Q4 2023 compared to the same period last year, while franchise partners showed positive performance.
Key Takeaways
Winmark Corporation reported a decrease in net income for Q4 2023, with $9,716,800 or $2.64 per share diluted, compared to $10,176,600 or $2.86 per share diluted for the same period last year. The company's franchise partners showed positive performance, though growth was lower in the second half of the year.
Net income for Q4 2023 was $9,716,800, or $2.64 per share diluted.
This compares to a net income of $10,176,600, or $2.86 per share diluted, for the same period last year.
Revenues for the year ended December 30, 2023, were $83,243,500, up from $81,410,800 in 2022.
There were 1,319 franchises in operation at December 30, 2023.
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