India, Oct. 14 -- Retail franchising company Winmark Corp. (WINA) Wednesday posted a rise in third-quarter profit compared with a year earlier.

On the Nasdaq, shares of Winmark are currently gaining 5.39 percent, changing hands at $297.59.

For the three-month period to September 26, the company reported net income of $11.82 million or $3.21 per share higher than $11.14 million or $3.02 per share in the same period last year.

Operating income reached $15.79 million, compared with $14.92 million last year.

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Revenue climbed to $27.89 million from $22.63 million in the prior year.

"During the quarter, Winmark launched the North American Advertising Fund fo...