PriceSmart saw solid growth in Q2 2025 with higher EPS, increased revenues, and an 11.4% boost in net income year-over-year. The company continues expanding its presence with the opening of its ninth club in Costa Rica.
PriceSmart reported a 7.8% increase in total revenues, reaching $1.26 billion, and a 5.7% increase in comparable net merchandise sales. Net income decreased slightly by 1.6% to $37.4 million, or $1.21 per diluted share.
PriceSmart reported a strong fourth quarter in fiscal year 2024, with a 9.6% increase in total revenues to $1.23 billion. Net income increased significantly by 89.0% to $29.1 million, resulting in earnings per diluted share of $0.94. The company's comparable net merchandise sales also increased by 6.2%.
PriceSmart reported a 12.1% increase in total revenues, reaching $1.23 billion, and a 9.9% increase in net income, amounting to $32.5 million, or $1.08 per diluted share, for the third quarter of fiscal year 2024.
PriceSmart reported a 13.1% increase in total revenues, reaching $1.29 billion. Net income rose by 25.3% to $39.3 million, with earnings per diluted share at $1.31. Comparable net merchandise sales increased by 8.8%.
PriceSmart's first quarter of fiscal year 2024 shows positive financial performance. Total revenues increased by 10.6% to $1.17 billion, and net income rose by 15.5% to $38.0 million, resulting in earnings per diluted share of $1.24. Comparable net merchandise sales increased by 8.0%.
PriceSmart reported a 9.5% increase in total revenues to $1.12 billion for the fourth quarter of fiscal year 2023. Net income attributable to PriceSmart decreased to $15.4 million, or $0.49 per diluted share, compared to $23.3 million, or $0.75 per diluted share, in the prior year. Adjusted earnings per diluted share were $0.65, inclusive of a negative impact of $0.30 per diluted share for costs related to the reserve for the minimum tax settlement.
PriceSmart reported a 6.4% increase in total revenues, reaching $1.10 billion, and a 7.1% increase in net merchandise sales, totaling $1.07 billion. Net income attributable to PriceSmart increased by 53.6% to $29.6 million, or $0.94 per diluted share. The company also announced a $75 million stock repurchase program.
PriceSmart reported a 10.0% increase in total revenues, reaching $1.14 billion, and a net income of $31.3 million, or $1.02 per diluted share, for the second quarter of fiscal year 2023. Adjusted net income was $38.5 million, or $1.25 per diluted share. The company plans to open its fourth warehouse club in El Salvador in early 2024.
PriceSmart reported a solid first quarter with total revenues exceeding $1.0 billion. Net merchandise sales increased by 8.6%, and comparable net merchandise sales increased by 5.0%. EPS grew 7.1% to $1.05.
PriceSmart reported strong Q4 2022 results, with net merchandise sales increasing by 13.6% and total revenues exceeding $1.0 billion. The company's membership base reached a record high, and EPS grew by 19%.
PriceSmart's Q3 2022 results showed a 15.1% increase in total revenues to $1.03 billion. Net merchandise sales grew by 16.5% to $999.0 million, but operating income decreased to $33.8 million from $36.0 million in the prior year. Net income attributable to PriceSmart was $19.3 million, or $0.62 per diluted share, compared to $22.5 million, or $0.73 per diluted share, in the same quarter last year.
PriceSmart reported a record second quarter in fiscal year 2022, with net merchandise sales surpassing $1 billion for the first time. The company saw a 12.6% increase in net merchandise sales and a 10.3% increase in comparable net merchandise sales compared to the previous year. The membership base and renewal rate reached all-time highs, and operating income increased by 7.4%.
PriceSmart reported a strong first quarter, with a 12.6% increase in net merchandise sales and a 9.4% increase in comparable net merchandise sales. The company's membership base reached an all-time high, and diluted earnings per share increased to $0.98.
PriceSmart reported a 12.2% increase in total revenues to $909.6 million for the fourth quarter of fiscal year 2021. Net income attributable to PriceSmart was $19.5 million, or $0.63 per diluted share. Net merchandise sales increased by 12.7%, and comparable net merchandise sales grew by 10.3%. The membership renewal rate for the trailing 12 months was 89.6%.
PriceSmart's Q4 results showed a revenue increase of 1.2% to $810.6 million, with net income at $20.1 million, despite challenges from COVID-19 related shopping restrictions. The company saw progress in technology-enabled shopping, with online ordering and curbside pickup contributing 3.6% of net merchandise sales.
PriceSmart reported a 1.4% increase in total revenues to $799.9 million compared to the prior year, while net income attributable to PriceSmart decreased to $12.7 million, or $0.41 per diluted share, compared to $14.1 million, or $0.46 per diluted share, in the prior year.
PriceSmart reported a 6.1% increase in total revenues, reaching $906.7 million, and net income attributable to PriceSmart was $25.6 million, or $0.85 per diluted share.
PriceSmart reported a 4.1% increase in total revenues, reaching $811.9 million for the first quarter of fiscal year 2020. Net income attributable to PriceSmart was $19.7 million, or $0.64 per diluted share, compared to $14.6 million, or $0.48 per diluted share, in the prior year. The company had 45 clubs in operation as of November 30, 2019, compared to 41 warehouse clubs in operation as of November 30, 2018.