Wall Street closes at a record for the first time since end of January
MINNEAPOLIS - Winmark Corporation (NASDAQ:WINA) announced that its board of directors approved a quarterly cash dividend of $1.02 per share, according to a press release statement.
The dividend will be paid on June 1, 2026 to shareholders of record as of the close of business on May 13, 2026. Future dividends remain subject to board approval.
Winmark operates as a franchisor of resale retail concepts, including Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore and Music Go Round. The company has a market capitalization of $1.44 billion and reported a gross profit margin of 96.39% in the last twelve months. As of March 28, 2026, the company had 1,383 franchises in operation with over 2,800 available territories. An additional 79 franchises have been awarded but have not yet opened.
In other recent news, Winmark Corporation announced that it will implement new fees for its franchise network starting in 2026. The company plans to charge franchisees a monthly software fee of $295 per store, which is expected to generate approximately $400,000 per month. This revenue will be used for the support and modernization of their point-of-sale system. Additionally, Winmark’s Board of Directors has approved a quarterly cash dividend of $0.96 per share, payable in March 2026.
In another development, Winmark will be added to the S&P SmallCap 600 index, replacing Guess? Inc. This inclusion is set to take effect prior to the opening of trading on January 26. The change follows the acquisition of Guess? by Authentic Brands Group LLC and the Rolling Stockholders. These recent developments reflect Winmark’s strategic moves in both financial operations and market positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.