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

Winmark (NASDAQ:WINA) released its quarterly earnings data on Wednesday. The specialty retailer reported $2.60 EPS for the quarter, missing analysts’ consensus estimates of $2.65 by ($0.05), Zacks reports. Winmark had a negative return on equity of 85.43% and a net margin of 49.02%.

Winmark Price Performance

NASDAQ WINA traded down $8.87 during trading hours on Wednesday, hitting $364.46. The company had a trading volume of 4,523 shares, compared to its average volume of 18,225. Winmark has a fifty-two week low of $330.25 and a fifty-two week high of $431.67. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 33.19 and a beta of 0.82. The firm’s 50 day moving average is $390.94 and its 200 day moving average is $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 issued a $0.90 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 0.99%. Winmark’s dividend payout ratio is currently 32.94%.

Insider Activity at Winmark

In related news, major shareholder Ronald G. Olson sold 3,659 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $424.21, for a total value of $1,552,184.39. Following the completion of the sale, the insider now directly owns 146,335 shares in the company, valued at approximately $62,076,770.35. This represents a 2.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 10.60% of the stock is 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.