Winmark Q1 EPS $2.41 Down From $2.49 YoY, Sales $20.11M Down From $20.52M YoY
Portfolio Pulse from Benzinga Newsdesk
Winmark reported a decrease in Q1 earnings to $2.41 per share from $2.49 YoY and a slight drop in sales to $20.11M from $20.52M YoY.
April 17, 2024 | 2:19 pm
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NEGATIVE IMPACT
Winmark's Q1 earnings and sales both saw a decrease compared to the same period last year.
The reported decrease in both earnings per share and sales indicates a negative performance for the quarter, which could lead to a short-term negative impact on Winmark's stock price. The decrease, although slight, may concern investors about the company's growth trajectory and profitability, potentially leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100