PriceSmart, Inc. (PSMT)

NASDAQ: PSMT · Real-Time Price · USD
89.96
+1.48 (1.67%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.67%
Market Cap 2.69B
Revenue (ttm) 4.91B
Net Income (ttm) 137.12M
Shares Out 29.92M
EPS (ttm) 4.57
PE Ratio 19.70
Forward PE 18.69
Dividend $1.16 (1.29%)
Ex-Dividend Date Aug 15, 2024
Volume 172,981
Open 88.94
Previous Close 88.48
Day's Range 88.87 - 90.26
52-Week Range 66.95 - 94.82
Beta 0.86
Analysts Strong Buy
Price Target 90.00 (+0.04%)
Earnings Date Jan 7, 2025

About PSMT

PriceSmart, Inc. owns and operates U.S.-style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. The company provides basic and private label consumable and non-consumable products under the Member’s Selection brand, including groceries, cleaning supplies, health and beauty aids, meat, produce, deli, seafood, and poultry. It also offers electronics, large and small appliances, automotive, hardware, sporting goods, seasonal products, clothing, domestics, and home furnishing products. In additi... [Read more]

Industry Discount Stores
IPO Date Aug 28, 1997
Employees 12,000
Stock Exchange NASDAQ
Ticker Symbol PSMT
Full Company Profile

Financial Performance

In 2024, PriceSmart's revenue was $4.91 billion, an increase of 11.38% compared to the previous year's $4.41 billion. Earnings were $137.12 million, an increase of 27.08%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for PSMT stock is "Strong Buy" and the 12-month stock price forecast is $90.0.

Price Target
$90.0
(0.04% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

PriceSmart, Inc. (PSMT) Q3 2024 Earnings Call Transcript

PriceSmart, Inc. (NASDAQ:PSMT) Q3 2024 Earnings Conference Call October 31, 2024 ET Company Participants Michael McCleary - Chief Financial Officer Robert Price - Interim Chief Executive Officer Conf...

22 days ago - Seeking Alpha

PRICESMART ANNOUNCES FISCAL 2024 FOURTH QUARTER OPERATING RESULTS AND PLANS FOR SEVENTH WAREHOUSE CLUB IN GUATEMALA

NET MERCHANDISE SALES GREW 9.5 % COMPARABLE NET MERCHANDISE SALES INCREASED 6.2%  $0.94 EARNINGS PER DILUTED SHARE SAN DIEGO , Oct. 30, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Comp...

23 days ago - PRNewsWire

14 retail stocks that are firing on all cylinders

These retailers have been increasing same-store sales while improving their profit margins

2 months ago - Market Watch

PriceSmart Announces Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2024

SAN DIEGO , Sept. 3, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT) plans to release financial results for the fourth quarter of fiscal year 2024 on Wednesday, Oc...

2 months ago - PRNewsWire

PriceSmart: Quality Retailer At A Fair Valuation

I think PriceSmart is a high-quality growth company at a reasonable price and am long the stock. PriceSmart, the "Costco of Central America," has a solid business model with loyal customers, stable pr...

4 months ago - Seeking Alpha

PRICESMART ANNOUNCES FISCAL 2024 THIRD QUARTER OPERATING RESULTS

NET MERCHANDISE SALES GREW 11.6 % COMPARABLE NET MERCHANDISE SALES INCREASED 7.8%  $1.08 EARNINGS PER DILUTED SHARE SAN DIEGO , July 10, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Com...

4 months ago - PRNewsWire

PriceSmart Announces Release of its Fiscal Year 2023 Environmental and Social Responsibility (ESR) Report Highlighting Commitment to Sustainability and Community Impact and Conference Call Details for the Third Quarter of Fiscal 2024

SAN DIEGO , June 3, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced the pub...

6 months ago - PRNewsWire

PriceSmart, Inc. (PSMT) Q2 2024 Earnings Call Transcript

PriceSmart, Inc. (NASDAQ:PSMT) Q2 2024 Earnings Conference Call April 10, 2024 12:00 PM ET Company Participants Michael McCleary - EVP and CFO Robert Price - Interim CEO Conference Call Participants ...

8 months ago - Seeking Alpha

PRICESMART ANNOUNCES FISCAL 2024 SECOND QUARTER OPERATING RESULTS; $1.00 PER SHARE SPECIAL DIVIDEND; PLANS FOR NINTH WAREHOUSE IN COSTA RICA

NET MERCHANDISE SALES GREW 13.0% COMPARABLE NET MERCHANDISE SALES INCREASED 8.8%  $1.31 EARNINGS PER DILUTED SHARE & ADJUSTED EARNINGS PER  DILUTED SHARE SAN DIEGO , April 9, 2024 /PRNewswire/ -- Pric...

8 months ago - PRNewsWire

PriceSmart Announces Opening of Fourth Warehouse Club in El Salvador and Earnings Release and Conference Call Details for the Second Quarter of Fiscal 2024

SAN DIEGO , March 1, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT) today announced that on February 15, 2024 the Company opened its newest warehouse club in the ...

9 months ago - PRNewsWire

PriceSmart Announces 26% Increase to Annual Dividend; Voting Results from the 2024 Annual Meeting of Stockholders

SAN DIEGO , Feb. 2, 2024 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 53 warehouse clubs in 12 countries and one U.S. territory, today announced a 26% increase to its annual dividend a...

10 months ago - PRNewsWire

PriceSmart, Inc. to Streamline Pricing and Promotion Planning with RELEX Solutions

ATLANTA--(BUSINESS WIRE)-- #nrf2024--PriceSmart Inc., the largest operator of membership warehouse clubs in Central America, the Caribbean, and Colombia, announced an addition to its use of solutions ...

11 months ago - Business Wire

PriceSmart, Inc. (PSMT) Q1 2024 Earnings Call Transcript

PriceSmart, Inc. (PSMT) Q1 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

PRICESMART ANNOUNCES FISCAL 2024 FIRST QUARTER OPERATING RESULTS

NET MERCHANDISE SALES GREW 10.7% COMPARABLE NET MERCHANDISE SALES INCREASED 8.0%  $1.24 EARNINGS PER DILUTED SHARE & ADJUSTED EARNINGS PER  DILUTED SHARE SAN DIEGO , Jan. 9, 2024 /PRNewswire/ -- Price...

11 months ago - PRNewsWire

PriceSmart: Cooling Inflation, Growing E-Commerce And Retail Sales Will Support Future Growth

PriceSmart has shown strong historical revenue growth and stable margins, with a strong performance in 4Q23. Inflation cooling in Latin America is expected to boost retail spending, providing opportun...

11 months ago - Seeking Alpha

PriceSmart Announces Opening of Sixth Warehouse Club in Guatemala and Earnings Release and Conference Call Details for the First Quarter of Fiscal 2024

SAN DIEGO , Dec. 1, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that on November 30, 2023 the Company opened its newest warehouse club in Escuintla, Guatemala, bringing the to...

1 year ago - PRNewsWire

PriceSmart, Inc. (PSMT) Q4 2023 Earnings Call Transcript

PriceSmart, Inc. (NASDAQ:PSMT) Q4 2023 Earnings Conference Call October 31, 2023 12:00 PM ET Company Participants Robert Price - Interim Chief Executive Officer Michael McCleary - Chief Financial Off...

1 year ago - Seeking Alpha

PRICESMART ANNOUNCES FISCAL 2023 FOURTH QUARTER OPERATING RESULTS

NET MERCHANDISE SALES GREW 10.0% COMPARABLE NET MERCHANDISE SALES INCREASED 8.8% $0.49 EARNINGS PER DILUTED SHARE $0.65 ADJUSTED EARNINGS PER  DILUTED SHARE, NET OF $0.30 TAX SETTLEMENT CHARGE SAN DIE...

1 year ago - PRNewsWire

PriceSmart, Inc. Selects RELEX Solutions to Optimize Their Supply Chain and Retail Planning

ATLANTA--(BUSINESS WIRE)--PriceSmart, Inc., the largest operator of membership warehouse clubs in Central America, the Caribbean, and Colombia, has chosen RELEX Solutions to enhance its supply chain a...

1 year ago - Business Wire

PriceSmart Announces Opening of Tenth Warehouse Club in Colombia and Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2023

SAN DIEGO , Sept. 5, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that on September 1, 2023 the Company opened its newest warehouse club in Medellín, Colombia, bringing the tot...

1 year ago - PRNewsWire

PriceSmart Announces Organizational Changes

David Price Appointed Executive Vice President and Chief Transformation Officer Welcomes Wayne Sadin as Chief Information Officer SAN DIEGO, July 28, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSM...

1 year ago - PRNewsWire

PriceSmart, Inc. (PSMT) Q3 2023 Earnings Call Transcript

PriceSmart, Inc. (NASDAQ:PSMT) Q3 2023 Earnings Conference Call July 11, 2023 12:00 PM ET Company Participants Michael McCleary - Executive Vice President and Chief Financial Officer Robert Price - I...

1 year ago - Seeking Alpha

PriceSmart stock falls more than 6% after fiscal Q3 earnings

Shares of PriceSmart Inc. PSMT, +1.85% dropped more than 6% in the extended session Monday after the operator of warehouse-club retail stores mostly in the Caribbean and Central and South America repo...

1 year ago - Market Watch

PRICESMART ANNOUNCES FISCAL 2023 THIRD QUARTER OPERATING RESULTS AND $75 MILLION STOCK BUYBACK PROGRAM

NET MERCHANDISE SALES GREW 7.1% COMPARABLE NET MERCHANDISE SALES INCREASED 5.8% $0.94 EARNINGS PER DILUTED SHARE $1.02 ADJUSTED EARNINGS PER  DILUTED SHARE SAN DIEGO , July 10, 2023 /PRNewswire/ -- Pr...

1 year ago - PRNewsWire

PriceSmart Announces Release of Its Comprehensive Environmental and Social Responsibility (ESR) Report for Fiscal Year 2022

SAN DIEGO , June 2, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced the release of its Environmental and Social Responsibility (ESR) report for fiscal year 2022 (September 1, 2021...

1 year ago - PRNewsWire