Ronald Olson Biography and Net Worth

Major Shareholder of Winmark


Ron Olson has been President and a Director of NTY Franchise Company since October 2006. Ron’s background included starting his career at Dayton’s Department Store, where he held many management positions. In 1977 he opened his own furniture store in Minnesota, which was a Drexel Heritage prototype store. In 1988 he co-founded Grow Biz International, now called Winmark. The first franchise rights that Olson purchased and started marketing was Play It Again Sports. Olson continued buying the Franchise rights for Once Upon A Child, Plato’s Closet, and Music Go Round. Today there over 1,000 Franchise locations.

Under NTY Franchise Company, the franchise rights were bought for Clothes Mentor and New Uses. In 2013 Olson bought Laptop Exchange and changed the name to Device Pitstop. In 2014 the company opened NTY Clothing Exchange and NTY Kids, now Children’s Orchard. There are currently 204 stores sold and 133 stores opened under the NTY Franchise umbrella.

What is Ronald G. Olson's net worth?

The estimated net worth of Ronald G. Olson is at least $59.27 million as of November 25th, 2024. Mr. Olson owns 146,335 shares of Winmark stock worth more than $59,265,675 as of December 25th. This net worth approximation does not reflect any other investments that Mr. Olson may own. Learn More about Ronald G. Olson's net worth.

How do I contact Ronald G. Olson?

The corporate mailing address for Mr. Olson and other Winmark executives is 605 Highway 169 North Suite 400, Minneapolis MN, 55441. Winmark can also be reached via phone at (763) 520-8500. Learn More on Ronald G. Olson's contact information.

Has Ronald G. Olson been buying or selling shares of Winmark?

Ronald G. Olson has not been actively trading shares of Winmark within the last three months. Learn More on Ronald G. Olson's trading history.

Who are Winmark's active insiders?

Winmark's insider roster includes Lawrence Barbetta (Director), Leah Goff (VP), Brett Heffes (Chairman & CEO), Anthony Ishaug (CFO), Ronald Olson (Major Shareholder), and Mark Wilson (Director). Learn More on Winmark's active insiders.

Are insiders buying or selling shares of Winmark?

In the last year, insiders at the specialty retailer sold shares 9 times. They sold a total of 25,709 shares worth more than $10,036,257.92. The most recent insider tranaction occured on November, 25th when Major Shareholder Ronald G Olson sold 3,659 shares worth more than $1,552,184.39. Insiders at Winmark own 10.6% of the company. Learn More about insider trades at Winmark.

Information on this page was last updated on 11/25/2024.

Ronald G. Olson Insider Trading History at Winmark

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Ronald G. Olson Buying and Selling Activity at Winmark

This chart shows Ronald G. Olson's buying and selling at Winmark by year and by quarter.

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Winmark Company Overview

Winmark logo
Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato's Closet brand; and operates stores which buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand. Further, it buys, sells, trades in, and used and new sporting goods, equipment, and accessories for various athletic activities including team sports, such as baseball/softball, hockey, football, lacrosse, and soccer, as well as fitness, ski/snowboard, golf, and others under the Play It Again Sports brand; and buys and sells used women's apparel, shoes, and accessories under the Style Encore brand. Additionally, the company buys, sells, trades in, and used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories under the Music Go Round brand. Winmark Corporation was incorporated in 1988 and is headquartered in Minneapolis, Minnesota.
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Today's Range

Now: $405.00
Low: $404.70
High: $405.00

50 Day Range

MA: $399.74
Low: $371.23
High: $422.31

2 Week Range

Now: $405.00
Low: $330.25
High: $431.67

Volume

8,398 shs

Average Volume

25,698 shs

Market Capitalization

$1.43 billion

P/E Ratio

37.05

Dividend Yield

0.90%

Beta

0.83