Added to YB: 2024-07-08
Pitch date: 2024-07-07
WINA [bullish]
Winmark Corporation
+27.18%
current return
Author Info
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
$1.5B
Pitch Price
$331.71
Price Target
N/A
Dividend
3.24%
EV/EBITDA
28.07
P/E
37.84
EV/Sales
18.39
Sector
Specialty Retail
Category
dividend
Winmark One Pager
WINA: 5 resale brands, franchising model, 48% net margin. John Morgan turned co. around focusing on 3-5% royalty fees & quality operators. Discontinued leasing biz, now reinvests in core ops & returns excess cash via buybacks/dividends. Stable, slow-growing, capital-light, highly profitable. Durable CF stream mostly distributed to shareholders.
Read full article (2 min)