Winmark Management
Management criteria checks 4/4
Winmark's CEO is Brett Heffes, appointed in Feb 2016, has a tenure of 8.92 years. total yearly compensation is $1.62M, comprised of 39.8% salary and 60.2% bonuses, including company stock and options. directly owns 3.2% of the company’s shares, worth $43.83M. The average tenure of the management team and the board of directors is 8.9 years and 4 years respectively.
Key information
Brett Heffes
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 39.8% |
| CEO tenure | 8.9yrs |
| CEO ownership | 3.2% |
| Management average tenure | 8.9yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Estimating The Fair Value Of Winmark Corporation (NASDAQ:WINA)
Dec 09
Winmark Corporation's (NASDAQ:WINA) Popularity With Investors Is Under Threat From Overpricing
Sep 30Winmark Corporation: Still Overvalued, And Still Expected To Decline In Price
Sep 17Calculating The Intrinsic Value Of Winmark Corporation (NASDAQ:WINA)
Aug 29Winmark Corporation's (NASDAQ:WINA) Business Is Trailing The Market But Its Shares Aren't
Jun 08Winmark: Shares Have Gotten Too Pricey
May 10Winmark (NASDAQ:WINA) Is Paying Out A Larger Dividend Than Last Year
Apr 29Winmark: A Compounder At A Reasonable Price
Feb 07The Price Is Right For Winmark Corporation (NASDAQ:WINA)
Dec 18Should You Be Adding Winmark (NASDAQ:WINA) To Your Watchlist Today?
Nov 18Winmark GAAP EPS of $2.93, revenue of $21.16M
Oct 19Winmark declares $0.70 dividend and $3.00 special dividend
Oct 12Estimating The Fair Value Of Winmark Corporation (NASDAQ:WINA)
Aug 27With EPS Growth And More, Winmark (NASDAQ:WINA) Makes An Interesting Case
Aug 02Winmark declares $0.70 dividend
Jul 13Winmark Corporation: The Picture Has Changed
May 28Winmark (NASDAQ:WINA) Has Announced That It Will Be Increasing Its Dividend To US$0.70
May 04Winmark (NASDAQ:WINA) Is Increasing Its Dividend To US$0.70
Apr 18A Look At The Intrinsic Value Of Winmark Corporation (NASDAQ:WINA)
Apr 06Is Now The Time To Put Winmark (NASDAQ:WINA) On Your Watchlist?
Feb 27Winmark: An Interesting Play On Used Retail Goods
Jan 13Calculating The Intrinsic Value Of Winmark Corporation (NASDAQ:WINA)
Dec 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$40m |
| Jun 29 2024 | n/a | n/a | US$40m |
| Mar 30 2024 | n/a | n/a | US$40m |
| Dec 30 2023 | US$2m | US$645k | US$40m |
| Sep 30 2023 | n/a | n/a | US$41m |
| Jul 01 2023 | n/a | n/a | US$40m |
| Apr 01 2023 | n/a | n/a | US$39m |
| Dec 31 2022 | US$2m | US$625k | US$39m |
| Sep 24 2022 | n/a | n/a | US$41m |
| Jun 25 2022 | n/a | n/a | US$41m |
| Mar 26 2022 | n/a | n/a | US$40m |
| Dec 25 2021 | US$2m | US$600k | US$40m |
| Sep 25 2021 | n/a | n/a | US$36m |
| Jun 26 2021 | n/a | n/a | US$36m |
| Mar 27 2021 | n/a | n/a | US$32m |
| Dec 26 2020 | US$856k | US$325k | US$30m |
| Sep 26 2020 | n/a | n/a | US$30m |
| Jun 27 2020 | n/a | n/a | US$30m |
| Mar 28 2020 | n/a | n/a | US$32m |
| Dec 28 2019 | n/a | n/a | US$32m |
| Sep 28 2019 | n/a | n/a | US$31m |
| Jun 29 2019 | n/a | n/a | US$31m |
| Mar 30 2019 | n/a | n/a | US$30m |
| Dec 29 2018 | US$950k | US$315k | US$30m |
Compensation vs Market: Brett's total compensation ($USD1.62M) is below average for companies of similar size in the US market ($USD5.36M).
Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.
CEO
Brett Heffes (56 yo)
8.9yrs
Tenure
US$1,618,639
Compensation
Mr. Brett D. Heffes has been the Chairman and Chief Executive Officer of Winmark Corp. since March 1, 2020 and February 2016 respectively and served as its President since February 2011 until February 25,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.9yrs | US$1.62m | 3.2% $ 43.8m | |
| Executive VP | 16.3yrs | US$1.03m | 1.68% $ 22.9m | |
| Executive VP & Chief Operating Officer | 2.9yrs | US$788.32k | 0.43% $ 5.9m | |
| Controller | no data | no data | no data |
8.9yrs
Average Tenure
55yo
Average Age
Experienced Management: WINA's management team is seasoned and experienced (8.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.9yrs | US$1.62m | 3.2% $ 43.8m | |
| Lead Independent Director | 3.1yrs | US$118.52k | 0.0057% $ 77.7k | |
| Independent Director | 12.8yrs | US$113.52k | 0.043% $ 583.3k | |
| Independent Director | 24yrs | US$107.52k | 0.071% $ 971.4k | |
| Independent Director | 1.8yrs | US$415.78k | 0% $ 0 | |
| Independent Director | 2.2yrs | US$107.52k | 0% $ 0 | |
| Independent Director | 4yrs | US$107.52k | 0% $ 0 |
4.0yrs
Average Tenure
61yo
Average Age
Experienced Board: WINA's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/17 01:16 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Winmark Corporation is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Forte | Maxim Group |
| Navneet Goswami | Virtua Research Inc. |