Profile
Sector:
Consumer CyclicalIndustry:
Specialty RetailCountry:
United StatesIPO:
25 August 1993Next earnings report:
19 July 2024Last dividends:
14 May 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 20:09:06 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
WINA Latest News
Winmark's franchise model lets entrepreneurs participate in the booming circular economy. The company has maintained a renewal rate above 99% with its franchisees over the last three years.
Winmark Corp. (WINA, Financial) has delivered high returns to its shareholders for nearly two decades. Since 2005, its share price has risen from $20 per share to $370 at the time of writing.
Winmark is a high-quality company with a franchise-based business model that generates high margins and sustainable growth. The used goods market is expected to grow significantly, providing opportunities for Winmark to continue expanding. Despite concerns about valuation multiples, there is potential for the stock to appreciate, with a fair price estimate of $460 and a 26% upside.
Winmark operates in a crisis-resistant market segment with a strong track record of share returns. The company's franchise model allows for low costs and enduring relationships with franchisees. Despite the excellent characteristics of the business, the current valuation is not attractive.
You might not have heard of Winmark, but you could be more familiar with its stores. The resale franchise company owns concepts including Plato's Closet, Play It Again Sports, and Once Upon a Child.
What type of business is Winmark?
Winmark Corporation, together with its subsidiaries, operates as a franchisor of retail store concepts that buy, sell, trade, and consign used merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round brand names. The company's Plato's Closet brand stores buys and sells used clothing and accessories for the teenage and young adult market; and Once Upon A Child brand stores buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years. Its Play It Again Sports brand stores buys, sells, trades in, and used and new sporting goods, equipment, and accessories for various athletic activities, such as team sports, fitness, ski/snowboard, golf, and others; Style Encore brand stores buys and sells used women's apparel, shoes, and accessories; and Music Go Round brand stores buys, sells, trades in, and used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories. In addition, the company is also involved in the middle-market equipment leasing business focusing on technology and business-essential equipment. As of February 23, 2022, it had 1,271 franchised stores, as well as offers its products online at musicgoround.com, playitagainsports.com, and style-encore.com. Winmark Corporation was incorporated in 1988 and is headquartered in Minneapolis, Minnesota.
What sector is Winmark in?
Winmark is in the Consumer Cyclical sector
What industry is Winmark in?
Winmark is in the Specialty Retail industry
What country is Winmark from?
Winmark is headquartered in United States
When did Winmark go public?
Winmark initial public offering (IPO) was on 25 August 1993
What is Winmark website?
https://www.winmarkcorporation.com
Is Winmark in the S&P 500?
No, Winmark is not included in the S&P 500 index
Is Winmark in the NASDAQ 100?
No, Winmark is not included in the NASDAQ 100 index
Is Winmark in the Dow Jones?
No, Winmark is not included in the Dow Jones index
When does Winmark report earnings?
The next expected earnings date for Winmark is 19 July 2024