•
May 31, 2020
Pricesmart Q3 2020 Earnings Report
Pricesmart's Q3 2020 earnings were announced, revealing a slight increase in total revenues and a decrease in net income.
Key Takeaways
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.
Total revenues increased by 1.4% to $799.9 million.
Net merchandise sales increased by 1.8% to $768.4 million.
Operating income increased to $24.0 million from $22.0 million in the prior year.
Net income attributable to PriceSmart was $12.7 million, or $0.41 per diluted share.
Pricesmart
Pricesmart
Pricesmart Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income