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Nov 30, 2021
Pricesmart Q1 2022 Earnings Report
Pricesmart's first quarter of fiscal year 2022 resulted in increased total revenues, net merchandise sales, and comparable net merchandise sales, driven by a record membership base.
Key Takeaways
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.
Net merchandise sales increased by 12.6% compared to the same period last year.
Comparable net merchandise sales grew by 9.4% compared to the prior year period.
The membership base reached an all-time high, with a 12-month trailing renewal rate of 89.0%.
Diluted earnings per share increased to $0.98, compared to $0.90 in the first quarter of fiscal year 2021.
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