Winmark Q3 profit edges lower to $3.03 per share; board declares $7.50 special dividend
Winmark reported third-quarter 2024 net income of $11.1 million, or $3.03 per diluted share, compared with $11.1 million, or $3.05 per diluted share, a year earlier. Revenue fell to $21.5 million from $22.3 million, and the company's board approved a $7.50 per share special dividend, totaling about $26.4 million, alongside a $0.90 quarterly dividend.
Key points
- Q3 revenue was $21.5 million, versus $22.3 million in the third quarter of 2023.
- Nine-month diluted EPS was $8.29, compared with $8.40 a year earlier.
- Special dividend of $7.50 per share, about $26.4 million in total, plus a $0.90 quarterly dividend, both payable December 2, 2024 to holders of record on November 13, 2024.
- The company said results were affected by its May 2021 decision to run off its 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 October 16, 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.