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PriceSmart: Fiscal 4Q Earnings Snapshot

SAN DIEGO (AP) _ PriceSmart Inc. (PSMT) on Tuesday reported fiscal fourth-quarter earnings of $20.7 million.

On a per-share basis, the San Diego-based company said it had net income of 67 cents.

The warehouse club operator posted revenue of $801.3 million in the period.

For the year, the company reported profit of $73.2 million, or $2.40 per share. Revenue was reported as $3.22 billion.

PriceSmart shares have risen 21% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $71.75, a rise of roughly 4% 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