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PriceSmart Inc. Message Board

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  • sandlink_34997 sandlink_34997 Sep 8, 2011 3:28 PM Flag

    Let's discuss PSMT outlook given current markets

    It seems to me that PSMT is dependant on the US economy because most of the countries they are in are tied closely to the US. They all sell tourism or goods to the US. PSMT does not export US goods to other countries so is not dependant on the US currency.. PSMT resells goods made in China..just like WMT and Costco.
    PSMT is an efficient transfer station with a small mark-up and the real profit lies in the Membership dues...

 
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