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Winmark Corporation (NASDAQ:WINA) – Winmark Reports 54% Hike in Q2 Revenue; Boosts Buyback, Declares Dividend

Winmark Reports 54% Hike in Q2 Revenue; Boosts Buyback, Declares Dividend

  • Winmark Corp (NASDAQ: WINA) reported second-quarter FY21 income progress of 54% year-on-year to $19.03 million.
  • The price of merchandise offered for the quarter was $0.64 million. It paid $0.36 million in franchise charges.
  • The corporate incurred $5.8 million in promoting, normal and administrative bills.
  • The corporate reported 62.9% working margin with $11.97 million in working revenue.
  • EPS of $2.33 elevated 75% Y/Y.
  • The corporate held $7.25 million in money and equivalents as of June 26, 2021.
  • Winmark plans 400,000 share improve to its current share repurchase authorization. This improve represents 11% of present shares excellent.
  • It additionally declared a quarterly dividend of $0.45 per share, payable September 1, 2021 to shareholders of document on August 11, 2021.
  • Worth motion: WINA shares are buying and selling greater by 1.41% at $197.03 on the final test Wednesday.

https://www.benzinga.com/information/earnings/21/07/21982953/winmark-reports-54-hike-in-q2-revenue-boosts-buyback-declares-dividend?utm_source=feedburner&utm_medium=feed&utm_campaign=Feedpercent3A+benzinga+%28Benzinga+Information+Feedpercent29

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