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Added to YB: 2026-08-20

Pitch date: 2026-08-18

WINA [neutral]

Winmark Corporation

+2.73%

current return

Author Info

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Company Info

Winmark Corporation, a resale company, operates as a franchisor in the United States and Canada. It is involved in the operation of Plato’s Closet, which franchisees buy and sell gently used clothing and accessories for the teenage and young adult market; Once Upon A Child, which franchisees buy and sell gently used and, to a lesser extent, new children’s clothing, toys, furniture, equipment, and accessories; and Style Encore, which franchisees buy and sell gently used women’s and men’s apparel, shoes, and accessories.

Market Cap

$1.3B

Pitch Price

$345.00

Price Target

N/A

Dividend

4.03%

EV/EBITDA

23.18

P/E

31.77

EV/Sales

14.95

Sector

Specialty Retail

Category

N/A

Show full summary:
Company a Day: #28: Winmark

WINA (overview): Franchisor of 1,378 category-specific resale stores (Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, Music Go Round) in US/Canada. Asset-light, royalty-based; no store ownership. Direct-purchase model gives sellers instant liquidity. Completed leasing runoff 2025; now pure franchising. ~100% renewal rate. 2026 catalysts: POS modernization + centralized Plato's ad fund. Risks: tech execution, franchisee dependence, thrift/online competition.

Read full article (30 min)