"Revenue grew to $507 million from $431 million." HELLOOOOO, company still growing quickly!
Even if strip the 1-time gain from last year out, and say +.51eps Q3'11 vs +.52eps Q3'12 = no earnings growth even with the 17% growth rate. The x9mo growth rate +21.1% to $1.5B vs from $1.24B yoy. This has slowed to 12% based on same sstore sales of late.x9mo operating income $80M & $50M net or $1.66eps vs previous 9 months operating income 2011 $71M with $49M net income or $1.65eps x9mo 2011. Again NO NET EPS growth on 9month view.EPS Pace is +$2.15eps fy'12, so x15pe or $32/share PSMT is a good deal, but PSMT at $59/share is x27pe.Bankers are trying to run the show with a hidden mandate behind closed doors - just like LiBOR, and manipulation of GoldIf they like this one then they are paying way too much. Hang in there as they will digest numbers a little more on the x9 month view.