Winmark Falls Short on EPS, Revenue
Winmark reported Q4 2024 earnings below estimates, reflecting challenges and strategic shifts in its business model.
Winmark (NASDAQ:WINA), known for its franchise retail models, released its fourth-quarter earnings on Feb. 19, 2025. The company's focus on sustainable growth was evident, though it did not meet the financial expectations set by analysts. For Q4 2024, Winmark reported a diluted Earnings Per Share (EPS) of $2.60, which fell short of the anticipated $2.65 and slightly down from $2.64 in the same quarter of 2023. Total revenue reached $19.55 million, directly below the expected $20 million and reflecting a 2.4% decrease from last year. Despite these misses, Winmark's continued expansion in its core franchise business underlines a stable operational quarter.
Source: Analyst estimates for the quarter provided by FactSet.
Winmark focuses on franchising retail resale of used goods, prominently in North America. Its brands include Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round. The company operates 1,350 franchise stores as of the end of 2024, marking a steady growth from 1,319 the previous year.
