10x Insights
Loading account…
Companies / Consumer Discretionary / Winmark Corporation
WINA

Winmark Corporation

Ticker WINAMINNEAPOLIS, MNFiscal year ends DecemberBook value per share $-10.11Diluted shares 3.7M

Winmark Corporation (Nasdaq: WINA) is a franchisor of value-oriented resale stores serving consumers who buy and sell gently used clothing, children’s goods, sporting equipment and musical instruments. Its five brands are Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore and Music Go Round;… From the company’s description.

Over the twelve months to Sep 26, 2026, Winmark Corporation reported revenue of $91.79M, up 8.6% from a year earlier, and net income of $41.43M. Its operating margin was 59.7%, and operations generated $44.07M in cash. In fiscal 2025, it reported revenue of $86.06M, up 5.9% from fiscal 2024, and net income of $41.65M.

Fiscal year 2025 · ends 12-26Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-26
Sales & profitability
$86.06MFY2025
+5.9% year over year
Last 12 mo $91.79M
63.44%FY2025
−1.7 percentage points
Last 12 mo 59.70%
$41.65MFY2025
+4.3% year over year
Last 12 mo $41.43M
-77.59%FY2025
+0.7 percentage points
Last 12 mo -110.78%
Cash & financing
$44.90MFY2025
+6.5% year over year
Last 12 mo $44.07M
$44.70MFY2025
+6.5% year over year
Last 12 mo $41.50M
-1.12FY2025
Was -1.17× a year earlier
Last 12 mo -1.60
3.7MFY2025
+0.5% year over year
Last 12 mo 3.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Winmark Corporation does

In the company’s own words

Winmark Corporation (Nasdaq: WINA) is a franchisor of value-oriented resale stores serving consumers who buy and sell gently used clothing, children’s goods, sporting equipment and musical instruments. Its five brands are Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore and Music Go Round; franchisees may also sell limited amounts of new merchandise. The company supports its franchisees with training, operating guidance, purchasing resources, proprietary point-of-sale technology and online sales tools. Winmark has one reportable segment, franchising, which generated $83.4 million of revenue in fiscal 2025, while total company revenue was $86.1 million. All retail locations are owned and operated by franchisees. At December 27, 2025, the brands had 1,378 stores in operation in the United States and Canada, with more than 2,800 available territories. Winmark was incorporated in 1988 and began franchising Play It Again Sports that year; its equipment-leasing portfolio was fully run off by the end of 2025. Its website is www.winmarkcorporation.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Retail
Headquarters
MINNEAPOLIS, MN
Fiscal year end
December
CIK
908315
SIC
5900

Financial performance, year by year

Fiscal 2011–2025 · USD
$-9.18M$18.36M$45.90M$73.43M$100.97M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Winmark Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

230
funds hold it
0 of 35
superinvestors hold it
$579.39M
held by funds, at market
40.0%
of shares held by funds

Largest fund holders · Winmark Corporation’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.07%of fund net assets
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY · First Trust Exchange-Traded Fund VI
0.61%of fund net assets
Neuberger Genesis Fund
NBGNX · NEUBERGER BERMAN EQUITY FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Winmark Corporation and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Winmark Corporation's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Winmark Corporation's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.