PriceSmart

PriceSmart, Inc. engages in the business of managing membership shopping warehouse club concepts to emerging and developing countries. It operates through the following geographical segments: United States Operations, Central American Operations, Caribbean Operations, and Colombia Operations. The Central America Operations segment includes Panama, Guatemala, Costa Rica, El Salvador, Honduras, and Nicaragua. The Caribbean Operations segment focuses on Dominican Republic, Aruba, Barbados, Trinidad, U.S. Virgin Islands, and Jamaica. The company was founded by Sol Price and Robert E. Price in 1994 and is headquartered in San Diego, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q3 2023

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Earnings data Q2 2025

PriceSmart achieves record Q1 earnings amidst regional challenges and growth

PriceSmart's Q1 2023 showcased robust financial performance, with record net income and strategic growth initiatives.
While facing challenges in Colombia, the company's focus on e-commerce, sustainability, and expansion presents promising opportunities.
Maintaining a strong financial position and addressing market-specific challenges will be crucial for sustained growth and profitability.
Overall, PriceSmart's performance reflects resilience and adaptability in navigating market complexities and driving long-term value.

PriceSmart reports solid Q2 earnings, eyes growth in new markets

PriceSmart delivered strong financial results in Q2 2023, driven by revenue growth, membership expansion, and improved profitability.
Strategic initiatives in Colombia and focus on private label sales demonstrate effective management strategies and customer engagement.
While facing margin pressure and competitive challenges, PriceSmart has opportunities for growth through market expansion and digital enhancement, supported by its commitment to social responsibility.

PriceSmart excels in Q3 with strong sales growth and initiatives

PriceSmart Inc. delivered robust financial performance in Q3 2023, driven by strong net merchandise sales and improved margins.
The company's strategic initiatives focus on growth drivers, social responsibility, and employee engagement to sustain long-term success.
While facing challenges in certain segments, PriceSmart remains well-positioned to capitalize on opportunities for expansion and revenue growth.
Investors can be optimistic about PriceSmart's performance, supported by positive Q4 projections and shareholder-friendly actions.

PriceSmart reports solid earnings, eyes expansion and sustainability initiatives

PriceSmart delivered strong financial results in Q4 2023 and Q1 2024, driven by robust net merchandise sales and revenue margin improvements.
The company's strategic focus on growth initiatives, customer loyalty, and sustainability efforts positions them well for future success and market expansion.
While facing challenges related to one-time costs and market dynamics, PriceSmart has opportunities to optimize operations, expand geographically, and enhance shareholder value.
Clear strategic direction, cost management, and market responsiveness will be crucial for PriceSmart to navigate challenges and capitalize on growth opportunities.

PriceSmart reports robust Q1 earnings, eyes expansion and digital growth

PriceSmart's Q1 2024 performance reflects strong financial results, driven by growth in net merchandise sales, membership accounts, and net income.
The company's focus on private label sales, e-commerce, and sustainability initiatives positions it well for future growth and customer loyalty.
While facing challenges in a competitive market environment, PriceSmart has opportunities to expand its market presence and drive further revenue growth through strategic initiatives.

PriceSmart reports strong Q2 earnings, focuses on growth strategies

PriceSmart's Q2 2024 performance reflects robust revenue growth, operational efficiency, and solid earnings, positioning the company well in the retail sector.
While facing margin pressure and profitability challenges, PriceSmart's strong membership base and cash reserves offer a foundation for future growth and resilience.
Strategic initiatives to optimize margins, enhance customer engagement, and capitalize on financial strength can drive PriceSmart's sustained success and competitiveness.

PriceSmart reports robust Q3 results, eyes growth through memberships

PriceSmart's Q3 2024 performance reflects solid financial results across key metrics, demonstrating growth and operational strength.
The company's focus on membership income, margin improvement, and cost management has contributed to its overall positive performance.
While facing potential challenges in a competitive market environment, PriceSmart also has opportunities for expansion, innovation, and strategic investments.
Overall, PriceSmart's financial position and performance in Q3 position it well for future growth and value creation for shareholders.

PriceSmart reports robust Q4 earnings, eyes growth through loyalty

PriceSmart delivered strong financial performance in Q4 2024, driven by sales growth and operational efficiency.
The company's focus on customer loyalty and strategic initiatives for 2025 position it for future growth.
While economic uncertainties and market challenges exist, PriceSmart's healthy cash position provides stability.
Opportunities for expansion and enhancing customer experience through omnichannel options present avenues for growth.

PriceSmart reports solid Q1 earnings, eyes growth through memberships

PriceSmart's Q1 2025 performance reflects steady growth in key segments, membership base expansion, and digital sales increase.
While facing challenges in certain markets and margin pressures, the company's strategic focus on technology and expansion presents opportunities for future growth.
Investors should monitor how PriceSmart navigates operational challenges and capitalizes on its strengths to drive sustainable growth and profitability.

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SAN DIEGO, June 7, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that net merchandise sales in May increased 16.3% to $286.4 million from $246.3 million in May a year earlier. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by 1.6%, or $3.8 million, versus the same one-month period in the prior year.

PriceSmart Announces May Net Merchandise Sales and Earnings Release and Conference Call Details for the Third Quarter of Fiscal 2021

PriceSmart (PSMT) reports solid sales performance for April. Its omni-channel efforts, including Click & Go and curbside-pickup capabilities, bode well.

PriceSmart (PSMT) Reports Impressive Sales Numbers for April

SAN DIEGO, May 7, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that net merchandise sales in April increased 22.0% to $263.4 million from $216.0 million in April a year earlier. Foreign currency exchange fluctuations impacted net merchandise sales negatively by 1.6%, or $3.4 million, versus the same one-month period in the prior year.

PriceSmart Announces April Net Merchandise Sales

PriceSmart (PSMT) reports soft comps for March. However, its omni-channel efforts, including Click & Go and curbside-pickup capabilities, bode well.

PriceSmart (PSMT) Witnesses 5.9% Y/Y Decline in March Comps

PriceSmart, Inc. (PSMT) CEO Sherry Bahrambeygui on Q2 2021 Results - Earnings Call Transcript

PriceSmart Inc. (NASDAQ: PSMT) published its financial results for the fiscal second quarter on Thursday after the bell. The company said its earnings and revenue posted an increase in the quarter that concluded on 28th February.

PriceSmart's total revenue jumps 3.4% in the fiscal second quarter

San Diego-based PriceSmart, which owns and runs warehouse clubs in Latin America and the Caribbean, said its total revenues for the second quarter of fiscal 2021 climbed 3.4 percent. PriceSmart posted 92 cents per diluted share in net income attributable to the company on total revenues of $937.6 million, according to a press release.

PriceSmart Reports Rising Revenues Amid Warehouse Club Expansion

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What's Going On With GLSI Stock And PSMT Stock Today?

Shares of PriceSmart Inc. was indicated down more than 2% in premarket trading Friday, after the membership-based retailer reported March same-store sales fell 5.9% from a year ago. The company noted that in March 2020, same-store sales had soared 15.7% as members stocked up amid uncertainties over the COVID-19 pandemic.

PriceSmart's stock set to fall after March sales update

SAN DIEGO, April 9, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that despite the COVID-driven surge in buying in March 2020, our net merchandise sales increased 0.5% to $307.6 million from $306.1 million in March a year earlier. Foreign currency exchange fluctuations impacted net merchandise sales negatively by 1.5%, or $4.4 million, versus the same one-month period in the prior year.

PriceSmart Announces March Net Merchandise Sales

Shares of Pricesmart (NASDAQ:PSMT) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 8.24% over the past year to $0.92, which missed the estimate of $1.05.

Recap: Pricesmart Q2 Earnings

SAN DIEGO, April 8, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 47 warehouse clubs in 12 countries and one U.S. territory, today announced its results of operations for the fiscal second quarter of 2021 which ended on February 28, 2021. Comments from Sherry S.

PriceSmart Announces Fiscal 2021 Second Quarter Operating Results

On Thursday, April 08, Pricesmart (NASDAQ:PSMT) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

A Preview Of Pricesmart's Earnings

PriceSmart's (PSMT) Click & Go and curbside-pickup capabilities bode well. Despite coronavirus-related restrictions, it reported positive sales and comps for February.

PriceSmart's (PSMT) Robust Online Efforts & Comps Drive Stock

SAN DIEGO, March 5, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of February 2021, net merchandise sales grew 1.3% to $258.7 million from $255.5 million in February a year earlier. Foreign currency exchange fluctuations impacted net merchandise...

PriceSmart Announces February Net Merchandise Sales and Earnings Release and Conference Call Details for the Second Quarter of Fiscal 2021

Despite increasing coronavirus cases and related restrictions, PriceSmart (PSMT) managed to report positive sales numbers for January. Its Click & Go and curbside-pickup capabilities bode well.

PriceSmart's (PSMT) January Comps Revert to Positive Zone

PriceSmart, Inc. said on Friday (Feb. 5) that net merchandise sales climbed 5.2 percent to reach $267.1 million for the month of January 2021, up from $254 million in January 2020, according to an announcement. The warehouse club company said that fluctuations in the foreign currency exchange negatively hit net merchandise sales by 3.5 percent […]

PriceSmart Reports 5.2 Pct Rise In January Net Merchandise Sales

SAN DIEGO, Feb. 3, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that it plans to begin the construction of its ninth warehouse club in Colombia, which is anticipated to open in the fall of 2021. With the addition of this new Colombia club and previously announced...

PriceSmart Announces Plans to Open Ninth Warehouse Club in Colombia, and Expects to Have 50 Clubs in Operation by Spring 2022

PriceSmart (PSMT) posts soft comps for December. However, the company's Click & Go and curbside-pickup capabilities bode well.

PriceSmart (PSMT) Reports 1.7% Comp Decline for December

PriceSmart, Inc. (PSMT) CEO Sherry Bahrambeygui on Q1 2021 Results - Earnings Call Transcript

Warehouse club retailer PriceSmart, Inc. reported as part of its Q1 fiscal 2021 operating results that net merchandise sales climbed 7.7 percent to $838.4 million from $778.7 million in Q1 fiscal year 2020, according to an announcement. “PriceSmart delivered solid results for the first quarter of fiscal year 2021.

PriceSmart Net Merchandise Sales Rise 7.7 Pct

SAN DIEGO, Jan. 8, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of December 2020, net merchandise sales increased 2.8% to $372.6 million from $362.3 million in December a year earlier. Foreign currency exchange fluctuations impacted net...

PriceSmart Announces December Net Merchandise Sales

Shares of Pricesmart (NASDAQ:PSMT) were unchaged after the company reported Q1 results. Quarterly Results Earnings per share increased 40.62% year over year to $0.90, which beat the estimate of $0.68.

Recap: Pricesmart Q1 Earnings

SAN DIEGO, Jan. 7, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 47 warehouse clubs in 12 countries and one U.S. territory, today announced its results of operations for the fiscal first quarter of 2021 which ended on November 30, 2020. Comments from Sherry S....

PriceSmart Announces Fiscal 2021 First Quarter Operating Results

Pricesmart shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 79 to 82. The post Stock Upgrades: Pricesmart Shows Rising Relative Strength appeared first on Investor's Business Daily.

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