PriceSmart, Inc. Stock News

PriceSmart has seen a 60.2% stock increase since December 2022, outperforming the S&P 500, and remains attractively priced compared to similar firms. The company operates 54 warehouse clubs in South America, Central America, and the Caribbean, with plans to open two more locations. Revenue grew from $4.06 billion in 2022 to $4.91 billion in 2024, driven by more locations, higher membership, and...

SAN DIEGO , Dec. 3, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT) plans to release financial results for the first quarter of fiscal year 2025 on Thursday, January 9, 2025, after the market closes. PriceSmart management will host a conference call at 12:00 p.m.

PriceSmart, Inc. (NASDAQ:PSMT ) Q3 2024 Earnings Conference Call October 31, 2024 ET Company Participants Michael McCleary - Chief Financial Officer Robert Price - Interim Chief Executive Officer Conference Call Participants Jon Braatz - Kansas City Capital Hector Maya - Scotiabank Operator Good afternoon, everyone, and welcome to PriceSmart, Inc.'s Earnings Release Conference Call for the Four...

NET MERCHANDISE SALES GREW 9.5 % COMPARABLE NET MERCHANDISE SALES INCREASED 6.2%  $0.94 EARNINGS PER DILUTED SHARE SAN DIEGO , Oct. 30, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal fourth quarter of 2024, which ended on August 31, 2024. Fourth Qu...

These retailers have been increasing same-store sales while improving their profit margins

SAN DIEGO , Sept. 3, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT) plans to release financial results for the fourth quarter of fiscal year 2024 on Wednesday, October 30, 2024, after the market closes.

I think PriceSmart is a high-quality growth company at a reasonable price and am long the stock. PriceSmart, the "Costco of Central America," has a solid business model with loyal customers, stable profit margins, and a growing store footprint. PriceSmart primarily operates in Central America and Colombia. It currently has 54 stores and is opening 3-4 stores per year. New stores earn an 11% ret...

PriceSmart NASDAQ: PSMT has been biding its time for the last few years, growing its network and building leverage for investors. The company is well-positioned within the retail market serving Latin America and the Caribbean, a territory poised to outpace the globe regarding GDP growth.