WINMARK CORP

For the period ended Dec 28, 2024. Filed Feb 26, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 26, 2025

WINA$275.38+3.8%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

· · · · · · · · ·
	Fiscal Year Ended
· December 28, 2024 · December 30, 2023 · December 31, 2022
Revenue: · · · · · · · · ·
Royalties	$72,198,500	$70,230,700	$67,148,100
Leasing income	1,811,800	4,766,200	6,937,700
Merchandise sales	3,601,300	4,761,100	3,921,600
Franchise fees	1,545,600	1,512,000	1,575,400
Other	2,131,900	1,973,500	1,828,000
Total revenue	81,289,100	83,243,500	81,410,800
Cost of merchandise sold	3,379,200	4,461,500	3,712,800
Leasing expense	36,600	398,300	984,700
Provision for credit losses	(1,500)	(5,600)	(57,900)
Selling, general and administrative expenses	24,944,200	25,108,700	23,158,400
Income from operations	52,930,600	53,280,600	53,612,800
Interest expense	(2,856,900)	(3,091,000)	(2,914,900)
Interest and other income	1,150,300	1,171,700	85,600
Income before income taxes	51,224,000	51,361,300	50,783,500
Provision for income taxes	(11,269,800)	(11,183,200)	(11,358,600)
Net income	$39,954,200	$40,178,100	$39,424,900
Earnings per share - basic	$11.36	$11.55	$11.30
Earnings per share - diluted	$10.89	$11.04	$10.97
Weighted average shares outstanding - basic	3,516,122	3,479,936	3,487,732
Weighted average shares outstanding - diluted	3,667,479	3,640,524	3,592,456

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.