Winmark (NASDAQ:WINA) Announces Earnings Results

Key Points

• Winmark reported quarterly earnings of $2.81 per share, which came in below analysts’ expectations of $3.14 per share.
• The stock fell about 1.5% after the report, trading at $371.05 on lighter-than-average volume.
• Analyst sentiment remains cautious: Weiss Ratings downgraded the stock to Hold, and Winmark’s consensus rating is also Hold.

Winmark (NASDAQ:WINA - Get Free Report) issued its quarterly earnings results on Wednesday. The specialty retailer reported $2.81 earnings per share for the quarter, missing analysts' consensus estimates of $3.14 by ($0.33), Zacks reports. Winmark had a net margin of 48.19% and a negative return on equity of 100.45%.

Winmark Stock Down 1.5%

Shares of WINA traded down $5.62 during trading hours on Wednesday, reaching $371.05. The company's stock had a trading volume of 7,158 shares, compared to its average volume of 70,365. The company has a 50 day moving average of $387.37 and a two-hundred day moving average of $415.37. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 33.10 and a beta of 0.52. Winmark has a 1-year low of $338.18 and a 1-year high of $527.37.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC lifted its position in Winmark by 39.3% in the fourth quarter. Hsbc Holdings PLC now owns 705 shares of the specialty retailer's stock worth $285,000 after purchasing an additional 199 shares during the period. Susquehanna Portfolio Strategies LLC raised its position in shares of Winmark by 325.4% in the 4th quarter. Susquehanna Portfolio Strategies LLC now owns 9,707 shares of the specialty retailer's stock valued at $3,931,000 after acquiring an additional 7,425 shares during the period. Man Group plc raised its position in shares of Winmark by 24.2% during the fourth quarter. Man Group plc now owns 36,699 shares of the specialty retailer's stock worth $14,861,000 after purchasing an additional 7,157 shares during the period. Inspire Investing LLC lifted its position in Winmark by 28.9% in the 4th quarter. Inspire Investing LLC now owns 1,156 shares of the specialty retailer's stock valued at $468,000 after acquiring an additional 259 shares in the last quarter. Finally, Gotham Asset Management LLC acquired a new position in Winmark during the fourth quarter worth $407,000. Institutional investors own 73.32% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Winmark from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, March 30th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Winmark presently has a consensus rating of "Hold".

Winmark Company Profile

Winmark Corporation NASDAQ: WINA is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children's and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato's Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark's franchised brands targets a distinct consumer segment.

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