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WINAWinmark Corporation
$411.56$1.5B
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WINA logoWinmark Corporation(WINA)Earnings, Financials & Key Ratios

WINA•NASDAQ
$411.56
36.4× P/E·Price updated Jul 7, 2026
SectorConsumer CyclicalIndustryFootwear & AccessoriesSub-IndustryFootwear and accessories retail
AboutWinmark Corporation, together with its subsidiaries, operates as a franchisor of retail store concepts that buy, sell, trade, and consign used merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round brand names. The company's Plato's Closet brand stores buys and sells used clothing and accessories for the teenage and young adult market; and Once Upon A Child brand stores buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years. Its Play It Again Sports brand stores buys, sells, trades in, and used and new sporting goods, equipment, and accessories for various athletic activities, such as team sports, fitness, ski/snowboard, golf, and others; Style Encore brand stores buys and sells used women's apparel, shoes, and accessories; and Music Go Round brand stores buys, sells, trades in, and used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories. In addition, the company is also involved in the middle-market equipment leasing business focusing on technology and business-essential equipment. As of February 23, 2022, it had 1,271 franchised stores, as well as offers its products online at musicgoround.com, playitagainsports.com, and style-encore.com. Winmark Corporation was incorporated in 1988 and is headquartered in Minneapolis, Minnesota.Show more
  • Revenue$86M+5.9%
  • EBITDA$56M+3.0%
  • Net Income$42M+4.3%
  • EPS (Diluted)11.30+3.8%
  • Gross Margin96.39%+0.6%
  • EBITDA Margin64.71%-2.7%
  • Operating Margin63.44%-2.6%
  • Net Margin48.4%-1.5%

WINA Price & Volume

Winmark Corporation (WINA) stock price & volume — 10-year historical chart

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Royalty Model Efficiency Masks Capital Return Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Mixed
Cash Flow:Robust
Primary Risk:Negative equity position

Key Thesis Takeaways

  • Winmark operates a highly efficient, asset-light franchise model that consistently delivers gross margins near 97%, providing a stable foundation for significant shareholder distributions.
  • However, the company's reliance on mature brands like Once Upon A Child suggests potential market saturation, which may limit future revenue growth beyond the recent 4.9% contraction observed in 2026Q1.
  • Investors should monitor the sustainability of the company's aggressive capital return strategy, as the persistent negative equity position of -$46.2M indicates that distributions are systematically outpacing retained earnings.

Verdict Logic

while the company maintains robust operating margins exceeding 60%, the current P/E ratio of 37.01 and the systematic erosion of equity through large-scale dividends like the $39.1M payout in 2025Q4 warrant a cautious valuation approach.

WINA Growth Metrics

Winmark Corporation (WINA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years2.17%
5 Years5.43%
3 Years1.87%
TTM2.27%

Profit CAGR

10 Years6.69%
5 Years6.91%
3 Years1.85%
TTM-0.34%

EPS CAGR

10 Years9.19%
5 Years7.92%
3 Years0.99%
TTM-0.8%

Return on Capital

10 Years190.01%
5 Years275.41%
3 Years269.05%
Last Year266.48%

WINA Recent Earnings

Winmark Corporation (WINA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/12 qtrs (25%)●Beat Revenue 5/12 qtrs (63%)
Q2 2026Latest
Apr 22, 2026
Metric
Actual
Est
EPS
$2.50-7.4%
$2.70
Rev
$21M-1.1%
$21M
Q1 2026
Feb 18, 2026
Metric
Actual
Est
EPS
$2.69-3.2%
$2.78
Rev
$21M+3.9%
$20M
Q4 2025
Oct 15, 2025
Metric
Actual
Est
EPS
$3.02-6.2%
$3.22
Rev
$23M+11.3%
$20M
Q3 2025
Jul 15, 2025
Metric
Actual
Est
EPS
$2.89+0.3%
$2.88
Rev
$20M+0.5%
$20M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$2.50vs $2.70-7.4%
$21Mvs $21M-1.1%
Q1 2026Feb 18, 2026
$2.69vs $2.78-3.2%
$21Mvs $20M+3.9%
Q4 2025Oct 15, 2025
$3.02vs $3.22-6.2%
$23Mvs $20M+11.3%
Q3 2025Jul 15, 2025
$2.89vs $2.88+0.3%
$20Mvs $20M+0.5%
Based on last 12 quarters of dataView full earnings history →

Latest WINA News

Recent stock market news and headlines for Winmark Corporation (WINA)

Business Wire·Jun 24, 2026
Winmark - the Resale Company® and CCM Hockey Extend Resale Partnership for Three Additional Years

MINNEAPOLIS--(BUSINESS WIRE)--Winmark Corporation, the nationally recognized franchisor behind Play It Again Sports®, announced today a three-year extension of its strategic partnership with CCM Hockey (Sport Maska Inc.), building on the momentum of their groundbreaking sustainability collaboration first launched in 2023.Since the partnership launched in 2023, Play It Again Sports locations have supported more than 300,000 hockey equipment trade-ins, helping families get more value from their ge.

Peers Comparison

Key metrics vs top competitors for Winmark Corporation (WINA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
WINA logoWINAWinmark CorporationCurrent
$411.56$1.47B36.425.86%48.4%—3.24%
MFH logoMFHMercurity Fintech Holding Inc.
$5.09$351.6M-68.32125.92%-955.83%-73.38%—
UFPT logoUFPTUFP Technologies, Inc.
$264.11$2.04B30.1219.5%11.27%16.61%—
FCFS logoFCFSFirstCash Holdings, Inc
$223.25$9.85B30.098.04%9.14%15.91%—
EZPW logoEZPWEZCORP, Inc.
$35.44$2.08B24.969.7%9.93%13.87%—
MCD logoMCDMcDonald's Corporation
$282.21$200.51B23.623.72%31.62%——

Compare WINA vs Peers

Winmark Corporation (WINA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MFH

Most directly comparable listed peer for WINA.

Scale Benchmark

vs MCD

Larger-name benchmark to compare WINA against a more recognizable public peer.

Peer Set

Compare Top 5

vs MFH, UFPT, FCFS, EZPW

WINA SEC Filings & Documents

Winmark Corporation (WINA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Apr 22, 2026·SEC

Material company update

Apr 15, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 15, 2026·SEC

FY 2025

Oct 15, 2025·SEC

FY 2025

Jul 15, 2025·SEC

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WINA Frequently Asked Questions

Winmark Corporation (WINA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Winmark Corporation's revenue?

Winmark Corporation (WINA) reported $85.0M in revenue for fiscal year 2025. This represents a 7% decrease from $91.5M in 1996.

How fast is Winmark Corporation growing?

Winmark Corporation (WINA) grew revenue by 5.9% over the past year. This is steady growth.

Is WINA profitable?

Yes, Winmark Corporation (WINA) is profitable, generating $41.0M in net income for fiscal year 2025 (48.4% net margin).

Dividend & Returns
Does WINA pay dividends?

Yes, Winmark Corporation (WINA) pays a dividend with a yield of 3.24%. This makes it attractive for income-focused investors.

What is Winmark Corporation's free cash flow?

Winmark Corporation (WINA) generated $41.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in WINA back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →