-

Winmark Corporation Announces Issuance of $30.0 Million of 3.18% Notes Due 2028

MINNEAPOLIS--(BUSINESS WIRE)--Winmark Corporation (Nasdaq: WINA) announced today the issuance of $30.0 million of 3.18% Senior Secured Notes due 2028. The financing was provided by affiliates of PGIM, Inc. (formerly Prudential Investment Management) under its existing note agreement. Winmark intends to use the proceeds for general corporate purposes, which may include share repurchases and dividends.

Winmark - the Resale Company™, is a nationally recognized franchising business focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award-winning resale franchises: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. At June 26, 2021, there were 1,266 franchises in operation and over 2,000 available territories. An additional 36 franchises have been awarded but are not open.

This press release contains forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to future events or the future financial performance of the Company. Such forward-looking statements are only predictions or statements of intention subject to risks and uncertainties and actual events or results could differ materially from those anticipated. Because actual result may differ, shareholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements.

Contacts

Brett D. Heffes
763/520-8500

Industry:

Winmark Corporation

NASDAQ:WINA
Release Versions
English

Contacts

Brett D. Heffes
763/520-8500

More News From Winmark Corporation

Winmark Corporation Announces Quarterly Cash Dividend and Special Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. The quarterly dividend of $0.96 per share will be paid on December 1, 2025 to shareholders of record on the close of business on November 12, 2025. Additionally, the Board of Directors has approved the payment of a special dividend to shareholders. The special dividend of $10.00 per share will be paid on December 1, 2...

Winmark Corporation Announces Third Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended September 27, 2025 of $11,136,500 or $3.02 per share diluted compared to net income of $11,120,700 or $3.03 per share diluted in 2024. For the nine months ended September 27, 2025, net income was $31,694,200 or $8.61 per share diluted compared to net income of $30,371,200 or $8.29 per share diluted for the same period last year. Winmark the Resale Company®, is a nationally recognize...

Winmark Corporation Announces Leadership Addition

MINNEAPOLIS--(BUSINESS WIRE)--Winmark Corporation (Nasdaq: WINA) announced today that Lisa Hake will be joining the company as its Chief Marketing Officer, effective October 1st. Ms. Hake brings more than 25 years of experience including brand management, marketing innovation, franchisee ad fund management, partnership activations, and consumer engagement to this newly created role. She most recently served as Vice President of Marketing & Communications at Great Clips, North America’s larg...
Back to Newsroom