Winmark Corp's Q3 Net Income Rises to $11.8M

By Philip Seaworth • Wednesday, October 14 13:02 • Permanent Link

Winmark Corp. reported third-quarter net income of $11.8 million, up from $11.1 million a year earlier, as diluted earnings per share rose to $3.21 from $3.02.

For the first nine months of 2026, net income came in at $31.5 million, down slightly from $31.7 million in the same period of 2025. Diluted earnings per share fell to $8.51 from $8.61.

The company said the year-earlier nine-month period included $2.2 million of leasing income tied to the settlement of customer litigation.

Winmark said it ended the quarter with 1,398 franchises in operation and more than 2,800 available territories. It also said 79 additional franchises had been awarded but were not yet open.

During the quarter, the company launched a North American advertising fund for Plato’s Closet and delivered a point-of-sale pilot at one franchised location. It also said North American advertising funds for Once Upon a Child and Play It Again Sports are set to begin campaigns in 2027. Following these announcements, the company's shares moved -3.28%, and are now trading at a price of $282.38. Check out the company's full 8-K submission here.

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