Page 1

WINMARK Contact : Brett D. Heffes 763 / 520-8500 FOR IMMEDIATE RELEASE WINMARK CORPORATION ANNOUNCES - SECOND QUARTER RESULTS Minneapolis , MN ( July 14 , 2021 ) – Winmark Corporation ( Nasdaq : WINA ) announced today net income for the quarter ended June 26 , 2021 of $ 8,937,300 or $ 2.33 per share diluted compared to net income of $ 5,055,200 or $ 1.33 per share diluted in 2020. For the six months ended June 26 , 2021 , net income was $ 18,248,400 or $ 4.74 per share diluted compared to net income of $ 12,372,200 or $ 3.21 per share diluted for the same period last year . “ Our business model is thriving in the current retail environment , ” commented Brett D. Heffes , Chairman and Chief Executive Officer . Winmark , the Resale Company ™ , is a nationally recognized franchising business focused on sustainability and small business formation . We champion and guide entrepreneurs interested in operating one of our award winning resale franchises : Plato's Closet® , Once Upon A Child® , Play It Again Sports® , Style Encore® and Music Go Round® . At June 26 , 2021 , there were 1,266 franchises in operation and over 2,000 available territories . An additional 36 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 .