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Feb 29, 2024
Pricesmart Q2 2024 Earnings Report
Pricesmart's Q2 2024 performance showed revenue growth and increased profitability.
Key Takeaways
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%.
Total revenues increased by 13.1% to $1.29 billion.
Net merchandise sales grew by 13.0% to $1.26 billion.
Comparable net merchandise sales increased by 8.8%.
Net income increased 25.3% to $39.3 million, or $1.31 per diluted share.
Pricesmart
Pricesmart
Pricesmart Revenue by Segment
Forward Guidance
PriceSmart plans to open its ninth warehouse club in Costa Rica in early 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income