Winmark Corp., the parent of Play It Again Sports, reported earnings improved 7.5 percent in the third quarter ended September 30, to $11.1 million, or $3.05 a share, from $10.4 million, or $2.93, a year ago.
For the nine months, profits were up 4.1 percent to $30.5 million, or $8.40, from $29.2 million, or $8.11, in the same period a year ago.
Winmark’s resale franchises include Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round.
On July 1, there were 1,303 franchises in operation and over 2,800 available territories. An additional 70 franchises have been awarded but are not open.
