Winmark (NASDAQ:WINA - Get Free Report) announced its quarterly earnings results on Wednesday. The specialty retailer reported $3.03 earnings per share for the quarter, missing the consensus estimate of $3.16 by ($0.13), Zacks reports. Winmark had a net margin of 48.57% and a negative return on equity of 85.12%. The business had revenue of $21.51 million during the quarter.
Winmark Stock Performance
Shares of Winmark stock traded up $5.48 on Thursday, hitting $382.02. The company's stock had a trading volume of 18,110 shares, compared to its average volume of 27,459. Winmark has a 1 year low of $330.25 and a 1 year high of $451.30. The firm has a fifty day moving average price of $366.39 and a 200-day moving average price of $364.50. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 34.89 and a beta of 0.79.
Insiders Place Their Bets
In other Winmark news, Director Lawrence A. Barbetta sold 2,412 shares of the business's stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total transaction of $953,463.60. Following the completion of the sale, the director now directly owns 4,522 shares in the company, valued at approximately $1,787,546.60. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Lawrence A. Barbetta sold 124 shares of the company's stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $403.34, for a total value of $50,014.16. Following the completion of the sale, the director now directly owns 6,934 shares in the company, valued at $2,796,759.56. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Lawrence A. Barbetta sold 2,412 shares of the company's stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $395.30, for a total value of $953,463.60. Following the completion of the sale, the director now owns 4,522 shares of the company's stock, valued at $1,787,546.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 3,119 shares of company stock worth $1,239,645. Corporate insiders own 10.60% of the company's stock.
Winmark Company Profile
(
Get Free Report)
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.
Further Reading
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