Winmark (WINA) Expected to Announce Quarterly Earnings on Wednesday

Winmark (NASDAQ:WINA - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, February 19th. Analysts expect Winmark to post earnings of $2.65 per share and revenue of $20.25 million for the quarter.

Winmark Price Performance

Shares of WINA traded down $3.02 on Friday, reaching $377.90. 14,585 shares of the stock traded hands, compared to its average volume of 17,915. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 34.57 and a beta of 0.82. Winmark has a 12 month low of $330.25 and a 12 month high of $431.67. The stock's 50-day moving average price is $392.34 and its 200-day moving average price is $383.39.

Winmark Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend is Wednesday, February 12th. Winmark's dividend payout ratio is presently 32.94%.

Insider Buying and Selling at Winmark

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