Overview
U.S. resale franchise franchisor's Q1 revenue fell year-over-year due to lower leasing income
Net income and EPS declined from prior year quarter
Outlook
Company did not provide specific guidance for the current qtr or full yr in the press release
Result Drivers
LOWER LEASING INCOME - Co said prior-year quarter included $2.2 mln of leasing income from a litigation settlement, which did not recur this quarter
Company press release: ID:nBw1HFRpBa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
Miss
$2.50
$2.70 (1 Analyst)
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"
Wall Street's median 12-month price target for Winmark Corp is $545.00, about 30.7% above its April 14 closing price of $417.00
The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 33 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
