# WINMARK CORP (WINA) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from WINMARK CORP's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/WINA/mda/fy2025/): filed 2026-02-25; accession 0000908315-26-000007 (https://www.sec.gov/Archives/edgar/data/908315/000090831526000007/wina-20251227x10k.htm); latest 10-K
- [FY 2024 MD&A](/company/WINA/mda/fy2024/): filed 2025-02-26; accession 0000908315-25-000010 (https://www.sec.gov/Archives/edgar/data/908315/000090831525000010/wina-20241228x10k.htm)
- [FY 2023 MD&A](/company/WINA/mda/fy2023/): filed 2024-02-28; accession 0000908315-24-000010 (https://www.sec.gov/Archives/edgar/data/908315/000090831524000010/wina-20231230x10k.htm)
- [FY 2022 MD&A](/company/WINA/mda/fy2022/): filed 2023-03-10; accession 0000908315-23-000010 (https://www.sec.gov/Archives/edgar/data/908315/000090831523000010/wina-20221231x10k.htm)
- [FY 2021 MD&A](/company/WINA/mda/fy2021/): filed 2022-03-08; accession 0000908315-22-000008 (https://www.sec.gov/Archives/edgar/data/908315/000090831522000008/c315-20211225x10k.htm)

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