On Thursday, Winmark Corporation (NASDAQ: WINA) shares price traded between $147.05 and $147.70 during the last trading session above with +0.61% at $147.50. The shares recorded a trading volume 6,844 shares as compared to its average volume of 5,489 shares. The company has 3.87M shares outstanding and market value of 570.608M.
Winmark Corporation (WINA) reported recently net income for the quarter ended June 30, 2018 of $7,143,000 (or $1.73 per share diluted) contrast to net income of $5,530,700 (or $1.23 per share diluted) in the second quarter of 2017. For the six months ended June 30, 2018, net income was $14,103,400 (or $3.42 per share diluted) contrast to net income of $11,081,500 (or $2.48 per share diluted) for the same period last year.
Brett D. Heffes, Chief Executive Officer, commented, “The strong start to 2018 has been highlighted by the positive performance of our franchisees. We continue to be happy with the results of the overall business.”
Winmark Corporation creates, supports and finances business. At June 30, 2018, there were 1,224 franchises in operation under the brands Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. An additional 62 retail franchises have been awarded but are not open. In addition, at June 30, 2018, the Company had a lease portfolio of $43.4M.
The quarterly dividend of $0.15 per share will be paid September 4, 2018 to shareholders of record on the close of business on August 8, 2018. Future dividends will be subject to Board authorization.
The company has the institutional ownership of 50.90 percent while the Beta factor was 0.44. (WINA) current ratio was 1.60. The stock’s RSI amounts to 57.38. EPS growth ratio for the past five years was 16.60 percent while Sales growth for the past five years was 6.10 percent.