Transcript
Introduction
Matt
Welcome back to Business Breakdowns. Today, we explore a major player in the reseller economy that is Winmark. You're likely familiar with some of Winmark's brands like Plato's Closet or Play It Again Sports, but together, Winmark operates five brands through a franchising model. Our guest to break down Winmark is the current CEO, Brett Heffes.
Now we listen to our audience, and we try to be cognizant of the guests we invite. The overwhelming majority of our audience prefers investors to management teams. So why did we explore this episode with Brett? Well, Winmark doesn't host conference calls, and their Investor Relations are generally limited to financial reports, some very basic management commentary and some rare public appearances. That alone was intriguing to us. But I'd add, when we talk to Brett, it was very clear this was not an investor relations exercise.