Winmark Q2 profit falls on higher operating expenses

Winmark

15/07/2026 16:33

Overview
U.S. resale franchisor's Q2 revenue rose yr/yr
Q2 net income and diluted EPS declined slightly from prior year
Company cites investments in technology and Plato’s Closet Ad Fund launch as factors

Outlook
Company did not provide specific guidance or forecasts for the current or future periods in the press release

Result Drivers
TECHNOLOGY AND INNOVATION SPENDING - Co said increased investment in technology and innovation initiatives affected results
PLATO’S CLOSET AD FUND - Co cited spending ahead of the Plato’s Closet North American Ad Fund launch as a factor in Q2 results
HIGHER OPERATING EXPENSES - Selling, general and administrative expenses increased yr/yr, reflecting investment activity

Company press release: ID:nBw4Kq7C8a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$21.96 mln
 
Q2 EPS
 
$2.81
 

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 44.7% above its July 14 closing price of $376.66
The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 35 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.)