Feb 28

Pricesmart Q2 2025 Earnings Report

PriceSmart reported steady revenue and earnings growth in Q2 2025, supported by strong comparable sales and the opening of a new warehouse club.

Key Takeaways

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.

Net merchandise sales increased 5.8% year-over-year to $1.33 billion.

Earnings per share rose to $1.45 from $1.31 in Q2 2024.

Net income reached $43.8 million, up from $39.3 million a year ago.

Opened its ninth warehouse club in Costa Rica, expanding to 55 total clubs.

Total Revenue
$1.36B
Previous year: $1.29B
+5.6%
EPS
$1.45
Previous year: $1.31
+10.7%
Clubs in Operation
55
Comparable Net Sales
6.7%
Cash and Equivalents
$130M
Previous year: $267M
-51.2%
Total Assets
$2.09B
Previous year: $2.04B
+2.7%

Pricesmart

Pricesmart

Pricesmart Revenue by Segment

Forward Guidance

PriceSmart remains optimistic about continued growth through geographic expansion and strong consumer demand, while acknowledging currency headwinds and regional economic risks.

Positive Outlook

  • Continued expansion with new club opening in Costa Rica
  • Solid comparable store sales growth
  • Improved operating income and net income year-over-year
  • Stable earnings per share progression
  • Healthy adjusted EBITDA indicating operational strength

Challenges Ahead

  • Negative impact from foreign currency exchange rates
  • Slight decrease in export sales
  • Ongoing cost pressures in SG&A and logistics
  • Regional political and economic uncertainties
  • Exposure to foreign currency liquidity issues in some markets