溫馬克公司（納斯達克代碼：WINA）今日公佈截至2025年6月28日的財務數據，第二季度淨收入達1060萬美元，攤薄每股收益2.89美元，較去年同期的1031萬美元和每股2.85美元實現穩健增長。半年期內，淨收入總計2056萬美元，攤薄每股收益5.60美元，相比去年同期的1925萬美元和每股5.26美元亦呈上升趨勢。

公司董事長兼首席執行官Brett D. Heffes強調：“本季度，旗下所有品牌特許經營夥伴的銷售表現均獲提升。轉售行業正經歷活躍變革期，溫馬克將持續加大在運營、技術、營銷及創新領域的投入，以強化行業領導地位。”

溫馬克專注於可持續性與小企業孵化，旗下擁有Plato's Closet、Once Upon A Child、Play It Again Sports、Style Encore及Music Go Round等獲獎特許品牌。截至2025年6月28日，運營中特許門店達1371家，可用區域超2800個；另有77家特許店已獲批但尚未開業。

本新聞稿包含前瞻性聲明，受美國證券交易法安全港條款約束。實際結果可能因風險與不確定性而與預期存在差異，股東及潛在投資者應避免過度依賴此類聲明。

財務數據表格保留原始格式如下：

WINMARK CORPORATION CONDENSED BALANCE SHEETS (Unaudited) June 28, 2025 December 28, 2024 ------------- --------------------- ASSETS Current Assets: Cash and cash equivalents $ 28,765,200 $ 12,189,800 Restricted cash 165,000 140,000 Receivables, net 1,707,900 1,336,400 Income tax receivable 466,600 96,400 Inventories 362,100 397,600 Prepaid expenses 732,800 1,205,400 ----------- -------------- Total current assets 32,199,600 15,365,600 Property and equipment, net 1,329,000 1,419,400 Operating lease right of use asset 1,942,400 2,108,700 Intangible assets, net 2,463,300 2,640,300 Goodwill 607,500 607,500 Other assets 505,500 491,200 Deferred income taxes 4,125,400 4,211,800 ----------- -------------- $ 43,172,700 $ 26,844,500 =========== ============== LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) Current Liabilities: Accounts payable $ 1,190,300 $ 1,562,000 Accrued liabilities 4,148,600 1,866,200 Deferred revenue 1,668,300 1,659,700 ----------- -------------- Total current liabilities 7,007,200 5,087,900 Long-Term Liabilities: Line of credit/Term loan 30,000,000 30,000,000 Notes payable, net 29,951,900 29,942,800 Deferred revenue 8,334,700 8,027,600 Operating lease liabilities 2,763,800 3,092,800 Other liabilities 1,955,000 1,739,500 ----------- -------------- Total long-term liabilities 73,005,400 72,802,700 Shareholders' Equity (Deficit): Common stock, no par, 10,000,000 shares authorized, 3,548,458 and 3,539,744 shares issued and outstanding 15,023,600 14,790,500 Retained earnings (accumulated deficit) (51,863,500) (65,836,600) ----------- -------------- Total shareholders' equity (deficit) (36,839,900) (51,046,100) ----------- -------------- $ 43,172,700 $ 26,844,500 =========== ============== WINMARK CORPORATION CONDENSED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended Six Months Ended June 28, June 29, June 28, June 29, 2025 2024 2025 2024 ------------ ------------ ------------ ------------ Revenue: Royalties $18,662,100 $17,774,500 $36,436,700 $35,043,200 Leasing income 46,600 524,400 2,354,500 1,361,200 Merchandise sales 803,600 925,500 1,744,900 2,036,000 Franchise fees 338,400 366,900 670,400 731,500 Other 566,100 529,200 1,129,900 1,058,300 ---------- ---------- ---------- ---------- Total revenue 20,416,800 20,120,500 42,336,400 40,230,200 Cost of merchandise sold 766,500 861,100 1,654,800 1,900,100 Leasing expense -- -- -- 36,600 Provision for credit losses -- -- -- (1,500) Selling, general and administrative expenses 6,589,200 6,241,800 14,024,000 13,059,200 ---------- ---------- ---------- ---------- Income from operations 13,061,100 13,017,600 26,657,600 25,235,800 Interest expense (609,800) (721,400) (1,223,600) (1,459,200) Interest and other income 254,600 280,800 404,400 468,800 ---------- ---------- ---------- ---------- Income before income taxes 12,705,900 12,577,000 25,838,400 24,245,400 Provision for income taxes (2,104,700) (2,145,600) (5,280,800) (4,995,000) ---------- ---------- ---------- ---------- Net income $10,601,200 $10,431,400 $20,557,600 $19,250,400 ========== ========== ========== ========== Earnings per share - basic $ 3.00 $ 2.97 $ 5.81 $ 5.49 ========== ========== ========== ========== Earnings per share - diluted $ 2.89 $ 2.85 $ 5.60 $ 5.26 ========== ========== ========== ========== Weighted average shares outstanding - basic 3,539,437 3,513,788 3,539,042 3,505,526 ========== ========== ========== ========== Weighted average shares outstanding - diluted 3,673,135 3,657,439 3,673,039 3,659,405 ========== ========== ========== ========== WINMARK CORPORATION CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended -------------------------------- June 28, 2025 June 29, 2024 --------------- --------------- OPERATING ACTIVITIES: Net income $ 20,557,600 $ 19,250,400 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation of property and equipment 196,300 224,300 Amortization of intangible assets 177,000 177,000 Provision for credit losses -- (1,500) Compensation expense related to stock options 1,065,600 940,500 Deferred income taxes 86,400 135,100 Operating lease right of use asset amortization 166,400 150,300 Tax benefits on exercised stock options 971,200 943,400 Change in operating assets and liabilities: Receivables (371,500) (136,100) Principal collections on lease receivables -- 96,300 Income tax receivable/payable (1,341,400) (1,567,800) Inventories 35,500 117,900 Prepaid expenses 472,500 371,300