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 Q2 2021

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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.

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NET MERCHANDISE SALES EXCEED $1 BILLION NET MERCHANDISE SALES GREW BY 12.6% COMPARABLE NET MERCHANDISE SALES GREW BY 10.3% MEMBERSHIP BASE AND RENEWAL RATE INCREASED TO RECORD LEVELS OPERATING INCOME INCREASED BY 7.4% $1.03 DILUTED EARNINGS PER SHARE SAN DIEGO , April 7, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 49 warehouse clubs in 12 countries and one U.S. territory, today announced record operating results for the fiscal second quarter of 2022, which ended on February 28, 2022. Comments from Sherry S.

PRICESMART ANNOUNCES RECORD FISCAL 2022 SECOND QUARTER OPERATING RESULTS

SAN DIEGO , March 29, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that it purchased land in the El Poblado area in Medellín, Colombia, upon which the Company has started constructing its second warehouse club in Medellín and tenth overall in Colombia. The Company plans to open the El Poblado club in the summer of 2023.

PriceSmart Announces the Start of Construction on 10th Warehouse Club in Colombia to be Located in the El Poblado Area of Medellín; and Earnings Release and Conference Call Details for the Second Quarter of Fiscal 2022

PriceSmart is a small, niche membership-based retailer that has performed exceptionally well in recent years.

PriceSmart: A Growth And Value Play

SAN DIEGO, Feb. 4, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 49 warehouse clubs in 12 countries and one U.S. territory, today announced a 22.9% increase to its annual dividend, the election of one new member to the Board of Directors and the results of the Company's 2022 annual meeting of stockholders held on February 3, 2022. Comments from Sherry S.

PriceSmart Announces 22.9% Increase to Annual Dividend

PriceSmart, Inc. (PSMT) CEO Sherry Bahrambeygui on Q1 2022 Results - Earnings Call Transcript

SAN DIEGO, Jan. 6, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 49 warehouse clubs in 12 countries and one U.S. territory, today announced its results of operations for the fiscal first quarter of 2022, which ended on November 30, 2021. Comments from Sherry S.

PRICESMART ANNOUNCES FISCAL 2022 FIRST QUARTER OPERATING RESULTS

PriceSmart, Inc. (NASDAQ:PSMT) is the largest operator of membership warehouse clubs in Latin America and the Caribbean.

Will PriceSmart's Earnings Be a Critical Turning Point?

SAN DIEGO, Dec. 17, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) plans to release first quarter fiscal year 2022 financial results on Thursday, January 6, 2022, after the market closes. PriceSmart management will host a conference call at 12:00 p.m.

PriceSmart Announces Earnings Release and Conference Call Details for the First Quarter of Fiscal 2022

PriceSmart, Inc. (PSMT) CEO Sherry Bahrambeygui on Q4 2021 Results - Earnings Call Transcript

Pricesmart (NASDAQ:PSMT) reported its Q4 earnings results on Thursday, October 21, 2021 at 04:01 PM. Here's what investors need to know about the announcement.

Recap: Pricesmart Q4 Earnings

SAN DIEGO, Oct. 21, 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 fourth quarter and full year, which ended on August 31, 2021. Comments from Sherry S.

PriceSmart Announces Fiscal 2021 Fourth Quarter Operating Results

Pricesmart (NASDAQ:PSMT) is set to give its latest quarterly earnings report on Thursday, 2021-10-21. Here's what investors need to know before the announcement.

Pricesmart's Earnings Outlook

The combination of the cross-border logistics and e-commerce provider with Click's marketplace technology and smart-locker network will revolutionize the online shopping experience for Caribbean and Central American retailers and consumers. MIAMI, Oct. 7, 2021 /PRNewswire/ - Digital, e-commerce, logistics and operations experts Click Partners LP, a BVI limited partnership ("Click LP"), announced today the closing of its transformative acquisition of Aeropost Inc. and its subsidiaries ("Aeropost") from PriceSmart, Inc. ("PriceSmart") (NASDAQ: PSMT).

Click Partners LP Launches Transformative E-Commerce Marketplace with the Acquisition of Aeropost Inc.

SAN DIEGO, Oct. 1, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced the sale of the legacy cross border casillero (package forwarding) and online marketplace businesses operated by its Aeropost subsidiary to Click to Collect Company Ltd., a company based in Nassau, Bahamas.

PriceSmart Announces Sale of Aeropost Package Forwarding and Marketplace Businesses

SAN DIEGO, Sept. 10, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) plans to release fourth quarter fiscal year 2021 financial results on Thursday, October 21, 2021, after the market closes.

PriceSmart Announces Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2021

PriceSmart, Inc. (PSMT) CEO Sherry Bahrambeygui on Q3 2021 Results - Earnings Call Transcript

Warehouse club operator PriceSmart, which runs 47 locations in 12 nations and one U.S. territory, said that total revenues for its third quarter increased by approximately 12 percent to about $895 million. For the three months ending on May 31, 2021, the San Diego-based company said that net merchandise sales increased by approximately 12 percent […]

PriceSmart On Track To Open More Warehouse Clubs As Revenues Rise

PriceSmart Inc (NASDAQ: PSMT) reported third-quarter FY21 revenue of $895.3 million, a growth of 11.92% year-on-year, beating the consensus of $848.3 million. Net merchandise sales increased 11.6% Y/Y to $857.5 million.

PriceSmart Q3 Results Smash Estimates

Shares of Pricesmart (NASDAQ:PSMT) moved higher after the company reported Q3 results. Quarterly Results Earnings per share increased 78.05% year over year to $0.73, which beat the estimate of $0.65.

Pricesmart: Q3 Earnings Insights

SAN DIEGO, July 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 third quarter of 2021 which ended on May 31, 2021. Comments from Sherry S.

PriceSmart Announces Fiscal 2021 Third Quarter Operating Results

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

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