WINA WINMARK CORP
FY2025 10-K
WINMARK CORP (WINA) filed its fiscal year 2025 10-K annual report with the SEC on Feb 25, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2025 10-K
Business Overview
- • Core business model: franchisor of resale retail brands specializing in gently used apparel, toys, sports goods, musical instruments
- • Emphasis on sustainability and small business formation through franchising of five resale brands
Management Discussion & Analysis
- • Royalties revenue $76.4M, up $4.2M or 5.8% YoY in 2025
- • Selling, general & administrative expense $28.3M, up $3.4M or 13.7% YoY
Risk Factors
- • No specific regulatory or legal risk identified in the filing
- • No geopolitical or macroeconomic threat with concrete exposure detailed
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