PriceSmart, Inc. (PSMT)
Market Cap | 2.52B |
Revenue (ttm) | 4.67B |
Net Income (ttm) | 122.27M |
Shares Out | 30.52M |
EPS (ttm) | 3.98 |
PE Ratio | 20.61 |
Forward PE | 18.30 |
Dividend | $1.16 (1.41%) |
Ex-Dividend Date | Aug 15, 2024 |
Volume | 82,641 |
Open | 80.12 |
Previous Close | 80.42 |
Day's Range | 80.12 - 82.64 |
52-Week Range | 61.82 - 86.90 |
Beta | 0.93 |
Analysts | Strong Buy |
Price Target | 90.00 (+9.17%) |
Earnings Date | Apr 9, 2024 |
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 consumer products under the Member's Selection brand, including groceries, cleaning supplies, health and beauty aids, meat, produce, deli, seafood, and poultry. It offers electronics, large and small appliances, automotive, hardware, sporting goods, seasonal products, clothing, domestics, and home furnishing products. In addition, the company offers foo... [Read more]
Financial Performance
In 2023, PriceSmart's revenue was $4.41 billion, an increase of 8.50% compared to the previous year's $4.07 billion. Earnings were $109.21 million, an increase of 4.47%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for PSMT stock is "Strong Buy" and the 12-month stock price forecast is $90.0.
News
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
PriceSmart Announces Opening of Third Warehouse Club in El Salvador and Earnings Release and Conference Call Details for the Third Quarter of Fiscal 2023
SAN DIEGO , June 1, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that on May 4, 2023 the Company opened its newest warehouse club in San Miguel, El Salvador, bringing the total...
PRICESMART ANNOUNCES FISCAL 2023 SECOND QUARTER OPERATING RESULTS AND PLANS FOR FOURTH WAREHOUSE CLUB IN EL SALVADOR
SAN DIEGO, April 10, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 50 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal second quarter ...
PriceSmart Announces Plans for Sixth Warehouse Club in Guatemala and Earnings Release and Conference Call Details for the Second Quarter of Fiscal 2023
SAN DIEGO , March 14, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that it has leased land and has plans to open its sixth warehouse club in Guatemala, located in the city of E...
PriceSmart Announces 7.0% Increase to Semi-Annual Dividend; Voting Results from the 2023 Annual Meeting of Stockholders; Appointment of New Director
SAN DIEGO , Feb. 3, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 50 warehouse clubs in 12 countries and one U.S. territory, today announced a 7.0% increase to its annual dividend,...
Warehouse Club PriceSmart Deploying Toshiba's Commerce Platform in Latin America
PriceSmart is deploying Toshiba Global Commerce Solutions' Elera Commerce Platform in its stores throughout Latin America. The operator of membership warehouse clubs in Latin America and the Caribbean...
PriceSmart Announces Joint Technology Platform Project with Toshiba Global Commerce Solutions
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--PriceSmart is the first retailer in Latin America to adopt the ELERA TM Commerce Platform from Toshiba Global Commerce Solutions as the international m...
PRICESMART ANNOUNCES FISCAL 2023 FIRST QUARTER OPERATING RESULTS
NET MERCHANDISE SALES GREW 8.6% COMPARABLE NET MERCHANDISE SALES INCREASED 5.0% MEMBERSHIP RENEWAL RATE OF 87.9% EPS GREW 7.1% TO RECORD $1.05 SAN DIEGO , Jan. 9, 2023 /PRNewswire/ -- PriceSmart, Inc....
PriceSmart Announces Earnings Release and Conference Call Details for the First Quarter of Fiscal 2023
SAN DIEGO , Dec. 16, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) plans to release financial results for the first quarter of fiscal year 2023 on Monday, January 9, 2023, after the market clos...
PriceSmart Announces Leadership Transition
Sherry Bahrambeygui to Resign as CEO Effective February 3, 2023 Robert Price to Become Interim CEO SAN DIEGO , Dec. 9, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) announced today that Sherry ...
PRICESMART ANNOUNCES FISCAL 2022 FOURTH QUARTER OPERATING RESULTS
NET MERCHANDISE SALES GREW 13.6% COMPARABLE NET MERCHANDISE SALES INCREASED 9.2% MEMBERSHIP BASE AT RECORD HIGH AND RENEWAL RATE OF 88.9% EPS GREW 19% TO $0.75 SAN DIEGO , Oct. 31, 2022 /PRNewswire/ -...
PriceSmart Announces Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2022
SAN DIEGO , Oct. 11, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) plans to release financial results for the fourth quarter of fiscal year 2022 on Monday, October 31, 2022, after the market cl...
PRICESMART ANNOUNCES FISCAL 2022 THIRD QUARTER OPERATING RESULTS AND PLANS FOR THIRD WAREHOUSE CLUB IN EL SALVADOR
NET MERCHANDISE SALES GREW 16.5% COMPARABLE NET MERCHANDISE SALES GREW 12.8% MEMBERSHIP BASE ACHIEVED RECORD LEVEL STRONG RENEWAL RATE OF 88.9% SAN DIEGO , July 11, 2022 /PRNewswire/ -- PriceSmart, In...