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Nov 30, 2019
Pricesmart Q1 2020 Earnings Report
Pricesmart's first quarter earnings increased compared to the prior year, driven by revenue growth and improved operating income.
Key Takeaways
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.
Total revenues increased by 4.1% to $811.9 million.
Net merchandise sales rose by 4.2% to $778.7 million.
Comparable net merchandise sales increased by 1.0%.
Net income attributable to PriceSmart was $19.7 million, or $0.64 per diluted share.
Pricesmart
Pricesmart
Pricesmart Revenue by Segment
Revenue by Segment
Net Merchandise Sales Revenue
CapyFin.comExport Sales Revenue
CapyFin.comMembership Income Revenue
CapyFin.comOther Revenue and Income Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income