Latest news with #PlayItAgainSports
Cision Canada
30-07-2025
- Business
- Cision Canada
Winmark - the Resale Company Announces Ongoing Partnership with NHL® Player Matt Boldy
MINNEAPOLIS, /CNW/ -- Winmark Corporation, a leader in the circular economy for over 35 years and franchisor of five resale retail brands – Play It Again Sports®, Plato's Closet®, Once Upon A Child®, Style Encore®, and Music Go Round® – is proud to announce its continued partnership with Minnesota Wild forward Matt Boldy as a brand ambassador. Boldy's story – from purchasing his first golf club at a Play It Again Sports in Dedham, MA, to becoming an elite NHL player – illustrates how access and opportunity can shape an athlete's path. His journey continues to inspire families and young athletes, and this partnership reflects a shared belief in Winmark's mission to bring affordable, accessible, and sustainable options to communities across North America. "Matt is a hockey player with tremendous skill, focus, and drive. More importantly, he is an exceptional individual," said Brett D. Heffes, Chief Executive Officer of Winmark Corporation. "We're excited to extend our partnership with him and work together to make sports more accessible and sustainable to families across North America." "Winmark offers athletes a more affordable way to play, giving families a way to keep their kids on the ice, on the field, or on the course," stated Matt Boldy. "I'm excited to continue collaborating with a company that is committed to breaking down barriers and making it easier for all kids to get into the game. For over fifteen years, Winmark and Play It Again Sports have been part of my journey" With thousands of locally-owned stores across North America, Winmark and its franchisees continue to deliver on its mission to provide Resale for Everyone®. As more athletes, families, and entrepreneurs turn to resale as a smart and sustainable option, Winmark remains at the forefront of the sustainability movement. About Winmark: Winmark – the Resale Company®, is a nationally recognized franchising business focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award-winning resale franchises: Plato's Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. As of June 28, 2025, there were 1,371 franchises in operation and over 2,800 available territories across North America. An additional 77 franchises have been awarded but are not yet open. For more information, visit or About Matt Boldy: Matt Boldy is a professional hockey player for the Minnesota Wild and a former first-round draft pick in the 2019 NHL Entry Draft. Raised in Millis, Massachusetts, he played collegiate hockey at Boston College where he was a Hobey Baker Award Top Ten Finalist, turned pro in 2021 in addition to winning a gold medal at the 2021 IIHF World Junior Championships, and represented Team USA three years later where he led the 2024 IIHF World Championship in scoring.
Yahoo
27-06-2025
- Business
- Yahoo
Why Winmark Stock Plummeted This Week
Resale goods franchisor Winmark has seen its shares drop 16% this week. There was no direct news causing this drop, but macroeconomic data may be weighing on the stock. Furthermore, Winmark's valuation has become quite lofty, especially considering its slowing growth rates. 10 stocks we like better than Winmark › Shares of leading resale goods franchisor Winmark (NASDAQ: WINA) were down 16% this week as of 12:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence. As of this writing, there appears to be no direct Winmark-related news causing the steady decline in share price. While this lack of news isn't uncommon for the notoriously quiet operator -- CEO Brett Heffes typically only offers a one-sentence comment on each quarter's results -- the 16% drop is eye-catching. Ultimately, however, I believe this sell-off stems more from the company's increasingly stretched valuation and the market's worries over recent data on softening consumer spending. Winmark -- which dubs itself "The Resale Company" -- utilizes a franchise operating model to extend the lives of millions of items, including toys, clothing, sports equipment, musical instruments, and more. Home to over 1,300 locations, Winmark franchises five store brands: Play It Again Sports, Plato's Closet, Music Go Round, Once Upon A Child, and Style Encore. Quietly becoming a leader in the circular economy, Winmark has been a 130-bagger since 2000. However, over the last decade, the company's sales and net income have increased by only 3% and 8%, respectively, annually. Over the same time, Winmark's price-to-earnings (P/E) ratio rose from roughly 20 in 2015 to nearly 40 prior to this week's drop. This combination of below-market growth and above-market valuation left the company vulnerable to a sell-off like we saw this week. With that said, Winmark tends to be beloved by its franchisees, the communities in which it operates, and its customers -- which is why it remains one of my core holdings. Still trading at a hefty 34 times earnings, however, Winmark may need more robust consumer spending figures to return to new highs. Before you buy stock in Winmark, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Winmark wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Josh Kohn-Lindquist has positions in Winmark. The Motley Fool has positions in and recommends Winmark. The Motley Fool has a disclosure policy. Why Winmark Stock Plummeted This Week was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
06-05-2025
- Yahoo
Fatal crash into Kenosha building; accused driver reaches plea deal
The Brief Ajay Pierangeli pleaded guilty on Monday, May 5 to two charges of homicide by intoxicated use of a vehicle. Pierangeli was accused in connection with a fatal Kenosha crash from July 2023. Pierangeli is set to be sentenced in July. KENOSHA, Wis. - A Pleasant Prairie man accused in connection with a fatal Kenosha crash that happened in July 2023 reached a plea deal in his case on Monday, May 5. Ajay Pierangeli entered on Monday a guilty plea to two charges of homicide by intoxicated use of a vehicle. Two other charges of OWI causing injury were dismissed and read into the court record for the purposes of sentencing. Pierangeli is set to be sentenced on July 11. What we know Kenosha police responded to an accident with injuries at Play It Again Sports on 75th Street around 3:30 a.m. on July 28, 2023. Dispatchers indicated it was a severe car crash, a criminal complaint states, and another caller indicated it was a truck-versus-building crash. FREE DOWNLOAD: Get breaking news alerts in the FOX LOCAL Mobile app for iOS or Android When officers arrived at the scene, they spotted a pickup truck partially inside the storefront. Four people inside the truck were unconscious, and a fifth person in the front seat was alert, conscious and breathing. Due to the vehicle's heavy damage, the complaint states officers were not able to open the doors on the driver's side. Kenosha firefighters removed rear seat passengers Dylan Zamora and Jenna Barrette, from the truck. They both died on the scene. The driver, Pierangeli, was removed and taken to a hospital. The fourth passenger was also hospitalized. Officers spoke with that fourth passenger who said he and his friends were at a "hangout" and indicated "everyone was drinking, and they had stopped about an hour ago," per the complaint. The passenger also told police he was not wearing a safety belt and did not believe anyone else in the truck was either. The passenger said, roughly 20 minutes into the drive, Pierangeli was driving eastbound on 75th Street and "lost control of the truck and crashed," the complaint said – but "was not traveling at a high rate of speed." When the officer asked the passenger how the truck crashed into the building, the complaint said he told them he "did not know they crashed into a building." A witness, who happened to be an employee of an ambulance company, told police the truck sped off from an intersection and "began partially swerving into their lane," per the complaint. The witness estimated the truck was "traveling at 70 miles per hour and the ambulance was traveling at approximately 40 to 45 miles per hour and the pickup was pulling away." The witness also told police "he recalls the vehicle swerving very hard from the right lane into the left lane, then the front end of the vehicle jumped into the air as the rear end then followed the front going into the air." SIGN UP TODAY: Get daily headlines, breaking news emails from FOX6 News A second ambulance employee provided a similar statement about the actions of the person driving the pickup truck. The complaint said a legal blood sample was withdrawn from the defendant. Doctors informed investigators Pierangeli's blood alcohol concentration was .282 – or more than three times the legal limit. He also suffered a ruptured lung and skull fracture in the wreck, the complaint said. Court records indicate a warrant was issued for Pierangeli's arrest. However, police told FOX6 News on Aug. 17, 2023 that he was under police guard in a hospital. The Source The information in this post was provided by Wisconsin Circuit Court Access as well as the criminal complaint associated with this case.
