NASDAQ$WINA

Winmark Corporation · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Winmark's net income increased in the third quarter of 2022 compared to the same period in 2021, driven by strong performance during the back-to-school season.

Winmark Corporation reported net income of $10.37 million, or $2.93 per share diluted, for the quarter ended September 24, 2022. This compares to net income of $10.08 million, or $2.67 per share diluted, for the same period in 2021. The results reflect strong performance during the back to school season, as noted by CEO Brett D. Heffes.

  • Net income for the quarter ended September 24, 2022, was $10,368,600, or $2.93 per share diluted.
  • This compares to net income of $10,082,500, or $2.67 per share diluted, for the same quarter in 2021.
  • The company had 1,291 franchises in operation as of September 24, 2022.
  • An additional 54 franchises have been awarded but are not yet open.

Headline financials

Total Revenue

$21.2M

Previous: $20.2M+5.0%
EPS (adj)

$2.93

Previous: $2.67+9.7%
Capital Expenditures

-$70K

Previous: -$51.8K-35.1%
Free Cash Flow

$10.3M

Previous: $10M+2.7%
Net Income

$10.4M

Previous: $10.1M+2.8%
Operating Income

$14.4M

Previous: $13.8M+4.6%
Gross Profit

$21.2M

Previous: $20.2M+5.0%
Cash & Equivalents

$17M

Previous: $37.6M-54.8%
Total Assets

$33.7M

Previous: $55M-38.6%
Stock-Based Comp

$432K

Previous: $376K+15.0%

Revenue & EPS history

Winmark · Revenue · Quarterly

$21.2M

Q3 2022+5%vs Q3 2021
Beat estimate in 3 of 6 quarters(50%)
ActualEstimate

Revenue by segment

Winmark · $18.3M total across 2 segments · Q3 2022

  • Royalties
    $17.9M+9.1%
  • Other Revenue
    $449K

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 Q3 2022

Historical avgQ3 2022

+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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