Winmark Corporation (NASDAQ:WINA) Files An 8-K Results of Operations and Financial Condition
Item 2.02Results of Operations and Financial Condition
On March 1, 2017, Winmark Corporation (the Company) announced in
a press release its results of operations and financial condition
for the year ended December 31, 2016.A copy of the press release
is attached as Exhibit 99.1 of this Current Report on Form 8-K.
Item 5.02Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
(e) On March 1, 2017, the Board of Directors of the Company
approved an amendment to the 2010 Stock Plan to increase the
shares available from 500,000 to 700,000, subject to shareholder
approval at the Companys Annual Meeting of Shareholders on April
26, 2017.
Item 7.01Regulation FD Disclosure
On March 1, 2017the Company announced in a press release its
results of operations and financial condition for the year ended
December 31, 2016.A copy of the press release is attached as
Exhibit 99.1 of this Current Report on Form 8-K.
Item 9.01Financial Statements and Exhibits
(d)Exhibits
|
99.1 |
Press Release dated March 1, 2017 |
About Winmark Corporation (NASDAQ:WINA)
Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade used merchandise. The Company operates in two business segments: franchising and leasing. The franchising segment franchises retail store concepts that buy, sell, trade and consign merchandise. The leasing segment includes Winmark Capital Corporation, which is the Company’s middle-market equipment leasing business, and Wirth Business Credit, Inc., its small-ticket financing business. Its concepts also offer a limited amount of merchandise to customers. The Franchising segment consists of Plato’s Closet, Once Upon A Child, Play It Again Sports, Music Go Round and Style Encore. The Company has approximately 1,150 franchised stores across the United States and Canada. The Company’s subsidiary, Winmark Capital Corporation, is engaged in the business of providing non-cancelable leases for technology and business-essential assets to both larger organizations and smaller companies. Winmark Corporation (NASDAQ:WINA) Recent Trading Information
Winmark Corporation (NASDAQ:WINA) closed its last trading session up +0.55 at 114.00 with 12,832 shares trading hands.
