Brief: Winmark Corporation Announces First Quarter Results

Winmark

14/04/2020 17:51

April 14 (Reuters) - Winmark Corp  WINA.O :
    * ORATION ANNOUNCES FIRST QUARTER RESULTS
    * Q1 EARNINGS PER SHARE $1.87
    * Q1 EARNINGS WERE POSITIVELY IMPACTED BY AN INCREASE IN
CUSTOMER
ACTIVITY IN COMPANY'S LEASE PORTFOLIO
    * DURING LAST THREE WEEKS OF QUARTER OUR FRANCHISING
PERFORMANCE
WAS NEGATIVELY IMPACTED BY COVID-19 PANDEMIC
    * QTRLY TOTAL REVENUE $18.6 MILLION VERSUS $18.3 MILLION
    * WINMARK - IMPACT FROM COVID-19 LED TO SUBSTANTIAL NUMBER
OF
TEMPORARY STORE CLOSINGS, GREATLY REDUCED CUSTOMER TRAFFIC FOR
FRANCHISED LOCATIONS IN QUARTER

Source text for Eikon:  ID:nBw1vVcKqa 
Further company coverage:  WINA.O 

 ((Reuters.Briefs@thomsonreuters.com;))