Winmark full-year 2023 net income rises to $40.2 million, or $11.04 per diluted share
Winmark reported results for the year ended December 30, 2023, with net income of $40,178,100 ($11.04 per diluted share), up from $39,424,900 ($10.97) in 2022, and revenue of $83,243,500, up from $81,410,800. Fourth-quarter net income fell to $9,716,800 ($2.64 per diluted share) from $10,176,600 ($2.86), and the company said growth was lower in the second half of the year, though the prior-year quarter included an extra week of operations.
Key points
- Full-year 2023 net income of $40,178,100, or $11.04 per diluted share, versus $39,424,900, or $10.97, in 2022
- Full-year 2023 revenue of $83,243,500, up from $81,410,800 in 2022
- Fourth-quarter 2023 net income of $9,716,800, or $2.64 per diluted share, versus $10,176,600, or $2.86, a year earlier
- Fourth-quarter and full-year 2022 included an extra week of operations; 2023 results were affected by the May 2021 decision to run off the leasing portfolio
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 21, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.