Winmark (NASDAQ:WINA) Releases Earnings Results, Misses Estimates By $0.13 EPS

by · The Cerbat Gem

Winmark (NASDAQ:WINA – Get Free Report) released its quarterly earnings data on Wednesday. The specialty retailer reported $3.03 earnings per share for the quarter, missing analysts’ consensus estimates of $3.16 by ($0.13), Zacks reports. The business had revenue of $21.51 million during the quarter. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%.

Winmark Stock Performance

WINA opened at $376.54 on Thursday. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 34.39 and a beta of 0.79. The stock’s 50 day moving average price is $366.00 and its 200-day moving average price is $364.37. Winmark has a one year low of $330.25 and a one year high of $451.30.

Insider Activity

In other Winmark news, Director Lawrence A. Barbetta sold 583 shares of the business’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $405.09, for a total value of $236,167.47. Following the completion of the transaction, the director now directly owns 7,058 shares in the company, valued at approximately $2,859,125.22. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Director Lawrence A. Barbetta sold 124 shares of the stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $403.34, for a total transaction of $50,014.16. Following the sale, the director now directly owns 6,934 shares of the company’s stock, valued at $2,796,759.56. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lawrence A. Barbetta sold 583 shares of the company’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $405.09, for a total transaction of $236,167.47. Following the transaction, the director now owns 7,058 shares of the company’s stock, valued at approximately $2,859,125.22. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,119 shares of company stock worth $1,239,645. Company insiders own 10.60% of the company’s stock.

About Winmark

(Get Free Report)

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.

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