NASDAQ$WINA

Winmark Corporation · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Winmark's net income increased slightly despite challenges from the COVID-19 pandemic.

Winmark Corporation reported a slight increase in net income for the quarter ended March 28, 2020. Earnings were positively impacted by increased customer activity in the lease portfolio and lower selling, general, and administrative expenses. However, the COVID-19 pandemic negatively impacted franchising performance during the last three weeks of the quarter, leading to temporary store closings and reduced customer traffic.

  • Net income for the quarter was $7,317,000, or $1.87 per share diluted, compared to $7,272,200, or $1.73 per share diluted in 2019.
  • Leasing income net of leasing expense was comparable to the first quarter of 2019 despite a lower portfolio size.
  • Selling, general and administrative expenses decreased by approximately $1.2 million compared to the first quarter of 2019.
  • Franchising performance was negatively impacted by the COVID-19 pandemic during the last three weeks of the quarter.

Headline financials

Total Revenue

$18.6M

Previous: $18.3M+1.5%
EPS (adj)

$1.87

Previous: $1.73+8.1%
Capital Expenditures

-$31.2K

Previous: -$123K+74.6%
Free Cash Flow

$7.29M

Previous: $7.15M+1.9%
Net Income

$7.32M

Previous: $7.27M+0.6%
Operating Income

$10.1M

Previous: $10.1M+0.4%
Gross Profit

$18.6M

Previous: $18.3M+1.5%
Cash & Equivalents

$28.3M

Previous: $1.07M+2557.2%
Total Assets

$59.9M

Previous: $46.8M+27.9%
Stock-Based Comp

$140K

Previous: $499K-71.9%

Revenue & EPS history

Winmark · Revenue · Quarterly

$18.6M

Q1 2020+1.5%vs Q1 2019
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Revenue by segment

Winmark · $11.6M total across 2 segments · Q1 2020

  • Royalties
    $11.2M-5.0%
  • Franchise Fees
    $415K+0.8%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.0%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+1.6%

Avg return

30 days after

63%

40 / 64 earnings

Positive

+6.6%

Q3 2021

Best reaction

-8.3%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.3%-7.1%-15.7%
Q3 2025+3.7%-1.7%-3.0%
Q2 2025+3.3%+9.8%+31.2%
Q1 2025+2.4%+7.8%+30.3%
Q4 2024-1.5%-11.0%-14.4%
Q3 2024+3.8%+5.1%+5.6%
Q2 2024-5.7%-3.6%-12.2%
Q1 2024+3.8%+7.2%+5.5%
Q4 2023-2.1%-4.4%-13.3%
Q3 2023+4.6%+0.4%+9.3%
Q2 2023+4.9%+3.6%+2.6%
Q1 2023+2.4%+4.0%+0.4%
Q4 2022+1.5%-0.2%+9.7%
Q3 2022+3.0%+5.1%+12.7%
Q2 2022+1.3%+1.8%+16.4%
Q1 2022+3.0%+4.3%-3.3%
Q4 2021+6.3%+4.4%+4.5%
Q3 2021+6.6%+6.8%+26.8%
Q2 2021+6.3%+6.4%+3.8%
Q1 2021+2.5%+7.7%+6.4%
Q4 2020-0.2%+1.3%+4.5%
Q3 2020-5.7%-7.1%-2.2%
Q2 2020+3.3%+2.2%+4.6%
Q1 2020+1.3%+10.4%-10.9%
Q4 2019-1.3%-0.7%-35.3%
Q3 2019+0.3%+1.8%+0.1%
Q2 2019-2.0%-4.2%-5.7%
Q1 2019-1.5%+0.2%-4.0%
Q4 2018+4.0%+1.9%+12.2%
Q3 2018-1.1%-2.3%-5.5%
Q2 2018+0.9%-0.0%+2.4%
Q1 2018-0.5%-0.8%+2.9%
Q4 2017+0.2%+1.2%-0.0%
Q3 2017-0.9%-4.9%-9.5%
Q2 2017+2.0%+0.3%-0.3%
Q1 2017-0.2%+1.1%+5.1%
Q4 2016-0.7%-1.9%-0.4%
Q3 2016-1.3%+0.6%+0.4%
Q2 2016+0.2%+1.2%+1.3%
Q1 2016-0.4%
Q4 2015+1.6%
Q3 2015+0.8%
Q2 2015-2.7%
Q1 2015+5.7%
Q4 2014+1.0%
Q3 2014-1.5%
Q2 2014-0.4%
Q1 2014+2.1%
Q4 2013-2.3%
Q3 2013+0.7%
Q2 2013+6.0%
Q1 2013+0.1%
Q4 2012-0.2%
Q3 2012+0.1%
Q2 2012+1.5%
Q1 2011+6.4%
Q1 2012+0.7%
Q4 2011+1.7%
Q3 2010+4.3%
Q3 2011+4.3%
Q2 2010-2.4%
Q4 2010-2.4%
Q2 2011-2.4%
Q1 2010+1.8%

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