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Winmark Corporation Announces Quarterly Cash Dividend and Special Dividend
Businesswire· 2025-10-15 13:05
Core Points - Winmark Corporation announced a quarterly cash dividend of $0.96 per share, payable on December 1, 2025, to shareholders of record on November 12, 2025 [1] - The company also declared a special dividend of $10.00 per share, totaling approximately $35.6 million, to be paid on the same date and to the same shareholders [2] - Winmark reported net income of $11,136,500 or $3.02 per diluted share for the quarter ended September 27, 2025, slightly down from $11,120,700 or $3.03 per diluted share in 2024 [6] - For the nine months ended September 27, 2025, net income was $31,694,200 or $8.61 per diluted share, compared to $30,371,200 or $8.29 per diluted share for the same period last year [6] - The company has 1,377 franchises in operation and over 2,800 available territories as of September 27, 2025 [3] - Lisa Hake has been appointed as the Chief Marketing Officer, effective October 1, bringing over 25 years of experience [7] - Jenele C. Grassle will not stand for re-election to the Board of Directors at the next Annual Meeting in April 2026, after serving since 2001 [8]