Winmark (NASDAQ:WINA) Posts Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Winmark (NASDAQ:WINA) posted its earnings results on Wednesday. The specialty retailer reported $2.60 earnings per share for the quarter, missing the consensus estimate of $2.65 by ($0.05), Zacks reports. Winmark had a net margin of 49.02% and a negative return on equity of 85.43%.

Winmark Stock Down 2.4 %

WINA stock traded down $8.87 during trading on Wednesday, hitting $364.46. The company had a trading volume of 4,523 shares, compared to its average volume of 18,225. The firm has a market cap of $1.28 billion, a PE ratio of 33.19 and a beta of 0.82. Winmark has a 1-year low of $330.25 and a 1-year high of $431.67. The firm has a 50-day moving average price of $390.94 and a 200-day moving average price of $383.36.

Winmark Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Wednesday, February 12th will be given a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 0.99%. The ex-dividend date is Wednesday, February 12th. Winmark’s dividend payout ratio (DPR) is presently 32.94%.

Insider Activity at Winmark

In related news, major shareholder Ronald G. Olson sold 2,741 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $407.70, for a total value of $1,117,505.70. Following the sale, the insider now owns 149,994 shares of the company’s stock, valued at approximately $61,152,553.80. This represents a 1.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.60% of the stock is currently owned by insiders.

About Winmark

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.