Winmark Corporation
Company Overview
Winmark Corporation operates as a franchisor of retail stores that buy, sell, trade, and consign used merchandise. The company franchises retail stores under the names Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round. These stores primarily deal in secondhand clothing, sporting goods, musical instruments, and accessories.
The company's business model focuses on resale and franchising, helping entrepreneurs open and operate retail stores that specialize in buying and selling gently used merchandise. This creates a sustainable business model that promotes recycling and reuse of consumer goods.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 28, 2024 | $21.51m | $7.29m | - | $704100.0 | 0.00% | 9.66% |
| June 29, 2024 | $20.12m | $7.82m | - | $721400.0 | 0.00% | 9.22% |
| March 30, 2024 | $20.11m | $8.63m | - | $737700.0 | 0.00% | 8.55% |
Company Impact
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