AI brief of an SEC Form 8-K · Winmark (WINA)

Winmark Q3 revenue rises to $22.6 million; net income flat, diluted EPS $3.02

Mixed Impact 4 of 5 earnings Written later

Winmark reported third-quarter 2025 revenue of $22.6 million, up from $21.5 million a year earlier, while net income was essentially unchanged at $11.1 million and diluted earnings per share fell to $3.02 from $3.03. The Board also approved a $10.00 per share special dividend, about $35.6 million in total, which the company said it expects to fund with cash on hand, along with a $0.96 quarterly dividend, both payable December 1, 2025.

Key points

  • Q3 revenue $22.6 million vs. $21.5 million; net income $11.1 million vs. $11.1 million
  • Q3 diluted EPS $3.02 vs. $3.03 a year earlier; nine-month diluted EPS $8.61 vs. $8.29
  • Special dividend of $10.00 per share, about $35.6 million total, funded from cash on hand
  • Quarterly dividend of $0.96 per share; both dividends payable December 1, 2025 to holders of record November 12, 2025

The filing

CompanyWinmark (WINA)
Form8-K, current report
Filed with the SECOct 15, 2025, 11:22 AM ET
Accession number0000908315-25-000036

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

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 15, 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.