EX-99.1 2 c315-20180124ex9912be11c.htm EX-99.1 Ex_991_8K_Dividend

Exhibit 99.1

Picture 3

 

 

 

 

 

 

Contact:Brett D. Heffes

763/520-8500

 

 

FOR IMMEDIATE RELEASE

 

WINMARK CORPORATION

ANNOUNCES CASH DIVIDEND

 

Minneapolis, MN (January 24, 2018)   Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. The quarterly dividend of $0.11 per share will be paid March 1, 2018 to shareholders of record on the close of business on February 7, 2018.  Future dividends will be subject to Board approval.

 

Winmark Corporation creates, supports and finances business. At December 30, 2017, there were 1,211 franchises in operation under the brands Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. An additional 62 retail franchises have been awarded but are not open. In addition, at September 30, 2017, the Company had a lease portfolio of  $40.6 million.