Pricesmart Q3 2024 Adj EPS $1.08 Beats $1.01 Estimate, Sales $1.230B Beat $1.207B Estimate

7/10/24 4:02:19 PM ET

Department/Specialty Retail Stores

Consumer Discretionary

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Pricesmart (NASDAQ:PSMT) reported quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $1.01 by 6.93 percent. The company reported quarterly sales of $1.230 billion which beat the analyst consensus estimate of $1.207 billion by 1.92 percent. This is a 12.12 percent increase over sales of $1.097 billion the same period last year.

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Recent Analyst Ratings for
$PSMT

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

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PriceSmart Announces Organizational Changes
David Price Appointed Executive Vice President and Chief Transformation Officer Welcomes Wayne Sadin as Chief Information Officer SAN DIEGO, July 28, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ:PSMT) announced today that David Price, formerly the Executive Vice President and Chief of Staff to the Interim CEO, has been appointed as Executive Vice President and Chief Transformation Officer, effective immediately. The Company expects this organizational change will promote better collaboration, alignment, and agility within the Company. Several key areas will now report to Mr. Price including Information Technology, PriceSmart.com, and the Project Management Office.
7/28/23 9:34:00 PM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary
PriceSmart Announces Release of Its Comprehensive Environmental and Social Responsibility (ESR) Report for Fiscal Year 2022
SAN DIEGO, June 2, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ:PSMT) today announced the release of its Environmental and Social Responsibility (ESR) report for fiscal year 2022 (September 1, 2021 to August 31, 2022). PriceSmart's second annual ESR report illustrates the Company's continued dedication to sustainability, responsible corporate conduct, and transparency in its business in the United States and across the 12 countries and one U.S. territory in which the Company operates. This ESR report provides an overview of PriceSmart's commitment to employees, Members, commu
6/2/23 8:00:00 AM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary
PriceSmart Announces 7.0% Increase to Semi-Annual Dividend; Voting Results from the 2023 Annual Meeting of Stockholders; Appointment of New Director
SAN DIEGO, Feb. 3, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ:PSMT), operator of 50 warehouse clubs in 12 countries and one U.S. territory, today announced a 7.0% increase to its annual dividend, the results of the Company's 2023 annual meeting of stockholders that was held on February 3, 2023 and the appointment of a new director to the Company's Board of Directors. Comments from Robert Price, Interim Chief Executive Officer: "Driven by the strength of our business and cash flows from operations, the Board of Directors has increased the annual dividend by approximately 7.0
2/3/23 7:04:00 PM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary

$PSMT
Financials

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PRICESMART ANNOUNCES FISCAL 2024 FOURTH QUARTER OPERATING RESULTS AND PLANS FOR SEVENTH WAREHOUSE CLUB IN GUATEMALA
NET MERCHANDISE SALES GREW 9.5%COMPARABLE NET MERCHANDISE SALES INCREASED 6.2% $0.94 EARNINGS PER DILUTED SHARE SAN DIEGO, Oct. 30, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal fourth quarter of 2024, which ended on August 31, 2024. Fourth Quarter Financial Results Total revenues for the fourth quarter of fiscal year 2024 increased 9.6% to $1.23 billion compared to $1.12 billion in the same period of the prior year. For the fourt
10/30/24 4:01:00 PM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary
PriceSmart Announces Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2024
SAN DIEGO, Sept. 3, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT) plans to release financial results for the fourth quarter of fiscal year 2024 on Wednesday, October 30, 2024, 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 Thursday, October 31, 2024, to discuss the financial results. Individuals interested in participating in the conference call may do so by dialing toll free (800) 549-8228 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 through Thur
9/3/24 8:00:00 AM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary
PRICESMART ANNOUNCES FISCAL 2024 THIRD QUARTER OPERATING RESULTS
NET MERCHANDISE SALES GREW 11.6%COMPARABLE NET MERCHANDISE SALES INCREASED 7.8% $1.08 EARNINGS PER DILUTED SHARE SAN DIEGO, July 10, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal third quarter of 2024, which ended on May 31, 2024. Third Quarter Financial Results Total revenues for the third quarter of fiscal year 2024 increased 12.1% to $1.23 billion compared to $1.10 billion in the comparable period of the prior year. For the thi
7/10/24 4:01:00 PM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary

PRICESMART ANNOUNCES FISCAL 2024 FOURTH QUARTER OPERATING RESULTS AND PLANS FOR SEVENTH WAREHOUSE CLUB IN GUATEMALA
NET MERCHANDISE SALES GREW 9.5%COMPARABLE NET MERCHANDISE SALES INCREASED 6.2% $0.94 EARNINGS PER DILUTED SHARE SAN DIEGO, Oct. 30, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal fourth quarter of 2024, which ended on August 31, 2024. Fourth Quarter Financial Results Total revenues for the fourth quarter of fiscal year 2024 increased 9.6% to $1.23 billion compared to $1.12 billion in the same period of the prior year. For the fourt
10/30/24 4:01:00 PM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary
PriceSmart Announces Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2024
SAN DIEGO, Sept. 3, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT) plans to release financial results for the fourth quarter of fiscal year 2024 on Wednesday, October 30, 2024, 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 Thursday, October 31, 2024, to discuss the financial results. Individuals interested in participating in the conference call may do so by dialing toll free (800) 549-8228 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 through Thur
9/3/24 8:00:00 AM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary
PRICESMART ANNOUNCES FISCAL 2024 THIRD QUARTER OPERATING RESULTS
NET MERCHANDISE SALES GREW 11.6%COMPARABLE NET MERCHANDISE SALES INCREASED 7.8% $1.08 EARNINGS PER DILUTED SHARE SAN DIEGO, July 10, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:PSMT), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal third quarter of 2024, which ended on May 31, 2024. Third Quarter Financial Results Total revenues for the third quarter of fiscal year 2024 increased 12.1% to $1.23 billion compared to $1.10 billion in the comparable period of the prior year. For the thi
7/10/24 4:01:00 PM ET
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary

$PSMT
Market Insights

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PriceSmart Packs A Punch: Q3 Earnings Soar Past Estimates with Solid Sales Growth
PriceSmart, Inc. (NASDAQ:PSMT) shares are trading higher after the company reported third-quarter FY24 revenue growth of 12.1% Y/Y to $1.23 billion, beating the consensus of $1.21 billion. Net merchandise sales grew 11.6% to $1.19 billion in the quarter, and on a constant currency basis, sales increased by 9.1% Y/Y. Comparable net merchandise sales for the 50 warehouse clubs open for more than 13 ½ calendar months increased 7.8% for the 13 weeks ended June 2, 2024. Operating income rose to $49.9 million from $43.1 million in the prior year quarter. Adjusted EBITDA stood at $71.0 million vs. $63.9 million in the same period last year. Adjusted EPS of $1.08, exceeding the consensus
7/11/24 11:33:07 AM ET
$PSCC
$PSMT
Department/Specialty Retail Stores
Consumer Discretionary
Wall Street Jittery Ahead Of Key Inflation Data After Delta Air Lines, Pepsi Disappoint: Strategist Recommends Sector Picks Amid Evolving Election Dynamics
The futures market on Thursday reflected jitteriness as traders awaited the all-important consumer price inflation data. The broader market is amid a multi-session winning run and has been breaking records session after session, sending the valuation of especially some mega-cap stocks to unsustainable levels. An in-line to tamer monthly headline number could push up the S&P 500 Index by as much as 1.75%, according to JPMorgan’s trading desk. A miss could send the index tumbling by as much as 2.50%, traders at the firm said. The first few key earnings reports that dropped in disappointed, likely setting off worries concerning the reporting season. Traders may also keep a close eye on a cou
7/11/24 7:03:52 AM ET
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$PSMT
Air Freight/Delivery Services
Consumer Discretionary
Semiconductors
Technology
Why WD-40 Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket
Shares of WD-40 Company (NASDAQ:WDFC) rose sharply in today's pre-market trading after the company posted stronger-than-expected results for its third quarter on Wednesday. Quarterly sales came in at $155 million which beat the analyst consensus estimate of $145.8 million. WD-40 reported quarterly earnings of $1.46 per share which beat the analyst consensus estimate of $1.27 per share, according to data from Benzinga Pro. WD-40 shares jumped 12.5% to $247.20 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Volcon, Inc. (NASDAQ:VLCN) rose 65.8% to $6.05 in pre-market trading after declining over 6% on Wednesday. Actelis Networks, Inc.
7/11/24 5:16:41 AM ET
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Pricesmart Q3 2024 Adj EPS $1.08 Beats $1.01 Estimate, Sales $1.230B Beat $1.207B Estimate

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Recent Analyst Ratings for $PSMT

$PSMT Large Ownership Changes

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SEC Form SC 13G/A filed by PriceSmart Inc. (Amendment)

SEC Form SC 13G/A filed by PriceSmart Inc. (Amendment)

SEC Form SC 13G/A filed by PriceSmart Inc. (Amendment)

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Jefferies initiated coverage on PriceSmart with a new price target

PriceSmart downgraded by Scotiabank with a new price target

PriceSmart upgraded by Scotiabank with a new price target

$PSMT Leadership Updates

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PriceSmart Announces Organizational Changes

PriceSmart Announces Release of Its Comprehensive Environmental and Social Responsibility (ESR) Report for Fiscal Year 2022

PriceSmart Announces 7.0% Increase to Semi-Annual Dividend; Voting Results from the 2023 Annual Meeting of Stockholders; Appointment of New Director

Director Fisher Jeffrey sold $497,556 worth of shares (5,478 units at $90.83) (SEC Form 4)

President and COO Hildebrandt John D sold $751,984 worth of shares (8,350 units at $90.06), decreasing direct ownership by 6% to 131,567 units (SEC Form 4)

Director Price Robert E gifted 10,500 shares (SEC Form 4)

$PSMT Financials

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PRICESMART ANNOUNCES FISCAL 2024 FOURTH QUARTER OPERATING RESULTS AND PLANS FOR SEVENTH WAREHOUSE CLUB IN GUATEMALA

PriceSmart Announces Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2024

PRICESMART ANNOUNCES FISCAL 2024 THIRD QUARTER OPERATING RESULTS

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$PSMT SEC Filings

PRICESMART ANNOUNCES FISCAL 2024 FOURTH QUARTER OPERATING RESULTS AND PLANS FOR SEVENTH WAREHOUSE CLUB IN GUATEMALA

PriceSmart Announces Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2024

PRICESMART ANNOUNCES FISCAL 2024 THIRD QUARTER OPERATING RESULTS

PriceSmart Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-K filed by PriceSmart Inc.

SEC Form 10-Q filed by PriceSmart Inc.

$PSMT Market Insights

Live Market Insights

PriceSmart Packs A Punch: Q3 Earnings Soar Past Estimates with Solid Sales Growth

Wall Street Jittery Ahead Of Key Inflation Data After Delta Air Lines, Pepsi Disappoint: Strategist Recommends Sector Picks Amid Evolving Election Dynamics

Why WD-40 Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket

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