Play It Again Sports, a division of Winmark Corporation, saw revenues reach $254 million in 2006, up 1.2% from $251 million last year. For the years ended 2006, 2005 and 2004, Play It Again Sports contributed royalties and franchise fees of $10.4 million, $10.2 million, and $10.3 million, respectively to Winmark's net revenues.
As a percentage of consolidated Winmark revenues for 2006, 2005 and 2004, these amounts equaled 38.1%, 38.4% and 37.9%, respectively. During 2006, the retail chain opened 14 stores, but closed 22, bringing its store base down from 396 at the end of 2005 to 388 at the end of 2996.
