Winmark (NASDAQ:WINA) Posts Earnings Results, Misses Estimates By $0.05 EPS

Winmark (NASDAQ:WINA - Get Free Report) posted its quarterly earnings results on Wednesday. The specialty retailer reported $2.60 EPS for the quarter, missing analysts' consensus estimates of $2.65 by ($0.05), Zacks reports. The company had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million. Winmark had a negative return on equity of 93.24% and a net margin of 49.15%.

Winmark Stock Performance

WINA stock traded down $13.60 during midday trading on Friday, reaching $338.43. 29,933 shares of the company's stock traded hands, compared to its average volume of 19,372. The company has a 50-day moving average price of $388.76 and a two-hundred day moving average price of $383.04. Winmark has a 52 week low of $330.25 and a 52 week high of $431.67. The firm has a market capitalization of $1.19 billion, a PE ratio of 31.08 and a beta of 0.82.

Winmark Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Wednesday, February 12th will be issued a $0.90 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.06%. Winmark's dividend payout ratio (DPR) is presently 33.06%.

Insider Buying and Selling at Winmark

In other Winmark news, major shareholder Ronald G. Olson sold 3,659 shares of the business's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the sale, the insider now owns 146,335 shares of the company's stock, valued at $62,076,770.35. The trade was a 2.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 10.60% 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.