Winmark Q3 net income rises to $11.8 million; $4.00 special dividend declared
Winmark reported third-quarter 2026 net income of $11,818,100, or $3.21 per diluted share, up from $3.02 a year earlier. The board also approved a $4.00 per share special dividend, about $14.2 million in total, payable December 1, 2026, to shareholders of record on November 11, 2026.
Key points
- Q3 net income $11,818,100 ($3.21 diluted) vs. $11,136,500 ($3.02 diluted) in Q3 2025
- Nine-month net income $31,467,700 ($8.51 diluted) vs. $31,694,200 ($8.61 diluted) a year earlier; 2025 included $2.2 million of leasing income from a litigation settlement
- Special dividend of $4.00 per share (about $14.2 million) plus quarterly dividend of $1.02 per share, both payable December 1, 2026
- North American Ad Funds: franchisees of Once Upon A Child and Play It Again Sports to contribute 2% of sales from January 31, 2027, raising total marketing spend to 6% from 5%
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing 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 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.