07/15/2025 | Press release | Distributed by Public on 07/15/2025 09:37
WINMARK CORPORATION ANNOUNCES SECOND QUARTER RESULTS
Minneapolis, MN (July 15, 2025) - Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended June 28, 2025 of $10,601,200 or $2.89 per share diluted compared to net income of $10,431,400 or $2.85 per share diluted in 2024. For the six months ended June 28, 2025, net income was $20,557,600 or $5.60 per share diluted compared to net income of $19,250,400 or $5.26 per share diluted for the same period last year.
"Sales performance for our franchise partners across all brands increased during the quarter," stated Brett D. Heffes, Chair and Chief Executive Officer. "It is a dynamic time for the resale industry. Winmark has and will continue to make significant investments in operations, technology, marketing and innovation to enhance our leadership position in the industry."
Winmark - the Resale Company®, is a nationally recognized franchisor focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award winning resale franchises: Plato's Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. At June 28, 2025, there were 1,371 franchises in operation and over 2,800 available territories. An additional 77 franchises have been awarded but are not open.