Winmark full-year revenue falls to $81.3 million; diluted EPS $10.89 vs $11.04
Winmark reported fiscal 2024 results for the year ended December 28, 2024, with revenue of $81.3 million, down from $83.2 million in 2023. Net income was $40.0 million, or $10.89 per diluted share, compared with $40.2 million, or $11.04, a year earlier. The company said the decline reflects its May 2021 decision to run off its leasing portfolio, and shareholders see lower revenue and per-share profit in both the year and the fourth quarter.
Key points
- Full-year revenue was $81,289,100 versus $83,243,500 in 2023.
- Full-year net income was $39,954,200, or $10.89 per diluted share, versus $40,178,100, or $11.04 per diluted share.
- Fourth-quarter net income was $9,583,100, or $2.60 per diluted share, versus $9,716,800, or $2.64 per diluted share in the prior-year quarter.
- Leasing income fell to $1,811,800 for the year from $4,766,200, following 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 19, 2025.
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.