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Recap: Pricesmart Q1 Earnings

Benzinga Insights
·1 min read

Shares of Pricesmart (NASDAQ:PSMT) were unchaged after the company reported Q1 results.

Quarterly Results

Earnings per share increased 40.62% year over year to $0.90, which beat the estimate of $0.68.

Revenue of $877,432,000 higher by 8.07% from the same period last year, which beat the estimate of $837,370,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

View more earnings on PSMT

Pricesmart hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $97.95

Company's 52-week low was at $41.15

Price action over last quarter: Up 40.96%

Company Profile

Pricesmart Inc is a company principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in Latin America and the Caribbean, with Central America contributing over half of its net warehouse club sales. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income, with net warehouse club sales accounting for the majority of the company's total revenue.

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