Jefferies initiated coverage on PriceSmart with a new price target
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary
Jefferies initiated coverage of PriceSmart with a rating of Buy and set a new price target of $82.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/1/2023 | $82.00 | Buy | Jefferies |
| 11/29/2022 | $96.00 → $77.00 | Sector Outperform → Sector Perform | Scotiabank |
| 4/19/2022 | $100.00 | Sector Perform → Sector Outperform | Scotiabank |
3 - PRICESMART INC (0001041803) (Issuer)
4 - PRICESMART INC (0001041803) (Issuer)
4 - PRICESMART INC (0001041803) (Issuer)
SAN DIEGO, June 2, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT) plans to release financial results for the third quarter of fiscal year 2025 on Thursday, July 10, 2025, after the market closes. PriceSmart management will host a conference call at 12:00 p.m. Eastern time (9:00 a.m. Pacific time) on Friday, July 11, 2025, to discuss the financial results. Individuals interested in participating in the conference call may do so by dialing toll free (800) 549-8228 for domestic callers or (646) 564-2877 for international callers and asking to join the PriceSmart earnings call. A digital replay will be available shortly following the conclusion of the call th
SAN DIEGO, April 30, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT), a leading membership shopping warehouse club, is proud to announce the release of its 2024 Sustainability Report. The report underscores the Company's ongoing commitment to responsible business practices across its operations in the United States, 12 countries, and one U.S. territory. The 2024 Sustainability Report details PriceSmart's progress in environmental, social, and governance ("ESG") initiatives. It is structured around four key pillars that form the foundation of
NET MERCHANDISE SALES GREW 5.8%COMPARABLE NET MERCHANDISE SALES INCREASED 6.7% $1.45 EARNINGS PER DILUTED SHARE SAN DIEGO, April 9, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT), operator of 55 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal second quarter of 2025, which ended on February 28, 2025. Second Quarter Financial Results Total revenues for the second quarter of fiscal year 2025 increased 5.6% to $1.36 billion compared to $1.29 billion in the comparable period of the prior year. For t
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SC 13G/A - PRICESMART INC (0001041803) (Subject)
SC 13G/A - PRICESMART INC (0001041803) (Subject)
SAN DIEGO, June 2, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT) plans to release financial results for the third quarter of fiscal year 2025 on Thursday, July 10, 2025, after the market closes. PriceSmart management will host a conference call at 12:00 p.m. Eastern time (9:00 a.m. Pacific time) on Friday, July 11, 2025, to discuss the financial results. Individuals interested in participating in the conference call may do so by dialing toll free (800) 549-8228 for domestic callers or (646) 564-2877 for international callers and asking to join the PriceSmart earnings call. A digital replay will be available shortly following the conclusion of the call th
Gualberto Hernandez to be appointed as CFO; Michael McCleary to Retire SAN DIEGO, May 9, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT) today announced the appointment of Gualberto Hernandez as Executive Vice President and Chief Financial Officer effective June 1, 2025. PriceSmart's current Executive Vice President and Chief Financial Officer Michael McCleary resigned by mutual agreement with the Company, but will continue to serve as an Executive Vice President of the Company through September 30, 2025. Thereafter, Mr. McCleary has agreed to provide consulting support of up to 40 hours per month for three months following his resignation.
SAN DIEGO, April 30, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT), a leading membership shopping warehouse club, is proud to announce the release of its 2024 Sustainability Report. The report underscores the Company's ongoing commitment to responsible business practices across its operations in the United States, 12 countries, and one U.S. territory. The 2024 Sustainability Report details PriceSmart's progress in environmental, social, and governance ("ESG") initiatives. It is structured around four key pillars that form the foundation of
8-K - PRICESMART INC (0001041803) (Filer)
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8-K - PRICESMART INC (0001041803) (Filer)
Gualberto Hernandez to be appointed as CFO; Michael McCleary to Retire SAN DIEGO, May 9, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT) today announced the appointment of Gualberto Hernandez as Executive Vice President and Chief Financial Officer effective June 1, 2025. PriceSmart's current Executive Vice President and Chief Financial Officer Michael McCleary resigned by mutual agreement with the Company, but will continue to serve as an Executive Vice President of the Company through September 30, 2025. Thereafter, Mr. McCleary has agreed to provide consulting support of up to 40 hours per month for three months following his resignation.
Robert Price to Step Down as Interim CEO; Will Become Executive Chairman of the Board of Directors David Price Named CEO to Succeed Robert Price SAN DIEGO, March 3, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT) today announced that Robert Price has notified the Board of Directors of his intention to step down as Interim Chief Executive Officer effective August 31, 2025. David Price, the Company's current Executive Vice President and Chief Transformation Officer and member of the Board of Directors, will become Chief Executive Officer effective September 1, 2025. Robert Price will become Executive Chairman of the Board of Directors.
BTB Therapeutics, Inc., a clinical-stage drug development company developing a non-opioid pain medicine ENDOPIN, today announced the election of David R. Snyder, Esq. and Nobuhiro Yagi, PhD to its board of directors. Mr. Snyder retired as a partner with Pillsbury Winthrop Shaw Pittman LLP effective January 1, 2025. Mr. Snyder was a lawyer in the firm's Corporate & Securities practice for over 30 years, focusing on corporate finance and mergers and acquisitions for both private and public companies. For the past several years he has held an adjunct faculty appointment at the University of San Diego School of Law. Mr. Snyder holds a Doctor of Law degree from Cornell University and a Bachelor
Jefferies initiated coverage of PriceSmart with a rating of Buy and set a new price target of $82.00
Scotiabank downgraded PriceSmart from Sector Outperform to Sector Perform and set a new price target of $77.00 from $96.00 previously
Scotiabank upgraded PriceSmart from Sector Perform to Sector Outperform and set a new price target of $100.00