NASDAQ$WINA
Winmark Corporation · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Winmark's first quarter performance was adequate, with net income slightly decreasing compared to the previous year due to the decision to run-off its leasing portfolio.
Winmark Corporation reported a net income of $8,819,000, or $2.41 per share diluted, for the quarter ended March 30, 2024. This compares to a net income of $8,942,700, or $2.49 per share diluted, for the same period in 2023. The company's results were impacted by its decision in May 2021 to run-off its leasing portfolio.
- Net income for Q1 2024 was $8,819,000, a slight decrease from $8,942,700 in Q1 2023.
- Diluted earnings per share were $2.41, compared to $2.49 in the previous year.
- The decision to run-off the leasing portfolio impacted the quarterly results.
- There were 1,327 franchises in operation as of March 30, 2024, with over 2,800 available territories.
Headline financials
Revenue & EPS history
Winmark · Revenue · Quarterly
$20.1M
Revenue by segment
Winmark · $19.7M total across 2 segments · Q3 2023
- Royalties$19.2M+7.6%97.5%
- Other Revenue$484K+7.7%2.5%
Forward guidance
This press release contains forward-looking statements that are subject to risks and uncertainties. Shareholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements.
Headwinds
- Forward-looking statements are predictions subject to risks and uncertainties.
- Actual events or results could differ materially from those anticipated.
- Shareholders are cautioned not to place undue reliance on such statements.
- Future financial performance is subject to the safe harbor provisions.
- Statements relate to future events or the future financial performance of the Company.
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 2024
+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
| Quarter | Report date | Reaction (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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