Earnings release
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Contact : Brett D. Heffes 763 / 520-8500 WINMARK CREATE SUPPORT FINANCE BUSINESS FOR IMMEDIATE RELEASE WINMARK CORPORATION ANNOUNCES FIRST QUARTER RESULTS Minneapolis , MN ( April 14 , 2021 ) - Winmark Corporation ( Nasdaq : WINA ) announced today net income for the quarter ended March 27 , 2021 of $ 9,311,100 or $ 2.40 per share diluted compared to net income of $ 7,317,000 or $ 1.87 per share diluted in 2020 . " The resiliency of our business model combined with the improving execution of our franchisees led to exceptional first quarter results , ” commented Brett D. Heffes , Chairman and Chief Executive Officer . Winmark Corporation creates , supports and finances business . At March 27 , 2021 , there were 1,264 franchises in operation under the brands Plato's Closet® , Once Upon A Child® , Play It Again Sports® , Style EncoreⓇ and Music Go Round® . An additional 32 retail 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 .