Winmark Corporation announced its financial results for the third quarter ended September 26, 2026. The company reported net income of $11,818,100, or $3.21 per share diluted, compared to $11,136,500, or $3.02 per share diluted, in the same period of the previous year.
For the nine months ended September 26, 2026, net income was $31,467,700, or $8.51 per share diluted. This figure compares to $31,694,200, or $8.61 per share diluted, for the same period in 2025. The 2025 year-to-date results included $2.2 million of leasing income from the settlement of customer litigation.
Winmark reported total revenue of $27,890,500 for the third quarter of 2026, an increase from $22,632,900 in the prior year. The company also noted that at September 26, 2026, there were 1,398 franchises in operation and over 2,800 available territories, with an additional 79 franchises awarded but not yet open.
In other corporate actions, the Board of Directors approved a quarterly cash dividend of $1.02 per share. This dividend is scheduled to be paid on December 1, 2026, to shareholders of record as of the close of business on November 11, 2026. Additionally, the Board approved a special dividend of $4.00 per share, also payable on December 1, 2026, to shareholders of record on November 11, 2026. The total amount of the special dividend is approximately $14.2 million based on the current number of shares outstanding.
The company also announced the implementation of separate North American Ad Funds for its Once Upon A Child and Play It Again Sports brands. Franchisees operating these brands will be required to contribute 2% of sales to the applicable Ad Fund, commencing January 31, 2027. As a result, franchisees will be required to spend 6% of their sales on marketing, up from the previous 5%.
