Quarterly ResultJul 15, 2026, 11:41 AM
Winmark Q2 Revenue +7.8% to $22.0M; Diluted EPS $2.81
AI Summary
Winmark Corporation reported a 7.8% increase in second-quarter revenue to $22.0 million, while diluted earnings per share decreased by 2.8% to $2.81. For the first six months of 2026, revenue rose 1.2% to $42.8 million, but diluted EPS fell 5.2% to $5.31. The decline in net income and EPS was primarily due to increased selling, general, and administrative expenses and lower tax benefits, despite an 8.1% rise in royalties. The company completed the run-off of its leasing portfolio in December 2025 and declared quarterly cash dividends of $0.96 and $1.02 per share during the period.
Key Highlights
- Q2 2026 revenue increased 7.8% to $22.0 million from $20.4 million in Q2 2025.
- Q2 2026 diluted EPS decreased 2.8% to $2.81 from $2.89 in Q2 2025.
- H1 2026 revenue increased 1.2% to $42.8 million from $42.3 million in H1 2025.
- H1 2026 diluted EPS decreased 5.2% to $5.31 from $5.60 in H1 2025.
- Royalties increased 8.1% to $39.4 million for the first six months of 2026.
- Selling, general, and administrative expenses rose 9.6% to $15.4 million in H1 2026.
- Leasing income was $0 in H1 2026, following the completion of the portfolio run-off.
- Declared quarterly cash dividends of $0.96 and $1.02 per share in H1 2026.
Price Impact
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