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PriceSmart: Fiscal 2Q Earnings Snapshot

SAN DIEGO (AP) _ PriceSmart Inc. (PSMT) on Tuesday reported fiscal second-quarter profit of $23.8 million.

The San Diego-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring costs, were 88 cents per share.

The warehouse club operator posted revenue of $854.4 million in the period.

PriceSmart shares have risen 1 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $59.79, a decrease of 32 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSMT at https://www.zacks.com/ap/PSMT