Winmark (NASDAQ:WINA) Releases Earnings Results

Winmark (NASDAQ:WINA) released its quarterly earnings data on Wednesday. The specialty retailer reported $2.41 earnings per share for the quarter, reports. The business had revenue of $20.11 million during the quarter. Winmark had a negative return on equity of 87.50% and a net margin of 48.36%.

Winmark Stock Performance

NASDAQ WINA opened at $366.00 on Friday. The stock has a 50-day simple moving average of $362.20 and a two-hundred day simple moving average of $390.25. The firm has a market capitalization of $1.28 billion, a P/E ratio of 33.42 and a beta of 0.85. Winmark has a fifty-two week low of $308.92 and a fifty-two week high of $451.30.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.90 per share. The ex-dividend date is Tuesday, May 14th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.98%. This is a positive change from Winmark’s previous quarterly dividend of $0.80. Winmark’s dividend payout ratio (DPR) is presently 29.22%.

Hedge Funds Weigh In On Winmark

Institutional investors and hedge funds have recently modified their holdings of the business. Grantham Mayo Van Otterloo & Co. LLC increased its stake in shares of Winmark by 20.2% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 8,734 shares of the specialty retailer’s stock valued at $3,259,000 after purchasing an additional 1,467 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Winmark by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,107 shares of the specialty retailer’s stock worth $8,249,000 after buying an additional 1,062 shares in the last quarter. Liontrust Investment Partners LLP purchased a new stake in Winmark during the 3rd quarter worth approximately $981,000. Public Employees Retirement System of Ohio increased its stake in Winmark by 71.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 6,898 shares of the specialty retailer’s stock worth $2,574,000 after buying an additional 2,870 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Winmark during the 4th quarter worth approximately $141,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Company Profile

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.