PriceSmart, Inc. (PSMT)
Market Cap | 2.23B |
Revenue (ttm) | 4.15B |
Net Income (ttm) | 106.93M |
Shares Out | 31.05M |
EPS (ttm) | 3.45 |
PE Ratio | 20.84 |
Forward PE | n/a |
Dividend | $0.86 (1.20%) |
Ex-Dividend Date | Aug 12, 2022 |
Volume | 65,181 |
Open | 70.56 |
Previous Close | 70.97 |
Day's Range | 70.56 - 72.05 |
52-Week Range | 56.29 - 88.30 |
Beta | 0.82 |
Analysts | Buy |
Price Target | 85.17 (+18.47%) |
Earnings Date | Jan 10, 2023 |
About PSMT
PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. Its warehouse clubs sell locally and regionally sourced goods, essential goods, direct-from-farm fresh produce, private label consumer products, prepared foods, and fresh-baked goods under the brand name Member's Selection. The company also provides wellness programs, such as optical, pharmacy, and audiology. In addition, the company operates PriceSmart.com for online ordering; and Click & Go for ... [Read more]
Financial Performance
In 2022, PriceSmart's revenue was $4.07 billion, an increase of 12.33% compared to the previous year's $3.62 billion. Earnings were $104.53 million, an increase of 6.71%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for PSMT stock is "Buy." The 12-month stock price forecast is $85.17, which is an increase of 18.47% from the latest price.
News

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...

PriceSmart Announces Earnings Release and Conference Call Details for the Third Quarter of Fiscal 2022
SAN DIEGO , July 5, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) plans to release third quarter fiscal year 2022 financial results on Monday, July 11, 2022, after the market closes. PriceSmart...

PriceSmart's Financials Are Looking Very Smart
Last week, PriceSmart Inc. ( PSMT , Financial) announced record operating results for the fiscal second quarter of 2022, which ended on Feb. 28, notching net merchandise sales of more than $1 billion ...

PRICESMART ANNOUNCES RECORD FISCAL 2022 SECOND QUARTER OPERATING RESULTS
NET MERCHANDISE SALES EXCEED $1 BILLION NET MERCHANDISE SALES GREW BY 12.6% COMPARABLE NET MERCHANDISE SALES GREW BY 10.3% MEMBERSHIP BASE AND RENEWAL RATE INCREASED TO RECORD LEVELS OPERATING INCOME ...

PriceSmart Announces the Start of Construction on 10th Warehouse Club in Colombia to be Located in the El Poblado Area of Medellín; and Earnings Release and Conference Call Details for the Second Quarter of Fiscal 2022
SAN DIEGO , March 29, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that it purchased land in the El Poblado area in Medellín, Colombia, upon which the Company has started const...

PriceSmart Announces 22.9% Increase to Annual Dividend
SAN DIEGO, Feb. 4, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 49 warehouse clubs in 12 countries and one U.S. territory, today announced a 22.9% increase to its annual dividend,...

PRICESMART ANNOUNCES FISCAL 2022 FIRST QUARTER OPERATING RESULTS
SAN DIEGO, Jan. 6, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 49 warehouse clubs in 12 countries and one U.S. territory, today announced its results of operations for the fiscal...

PriceSmart Announces Earnings Release and Conference Call Details for the First Quarter of Fiscal 2022
SAN DIEGO, Dec. 17, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) plans to release first quarter fiscal year 2022 financial results on Thursday, January 6, 2022, after the market closes. PriceS...

Recap: Pricesmart Q4 Earnings
Pricesmart (NASDAQ:PSMT) reported its Q4 earnings results on Thursday, October 21, 2021 at 04:01 PM. Here's what investors need to know about the announcement.

PriceSmart Announces Fiscal 2021 Fourth Quarter Operating Results
SAN DIEGO, Oct. 21, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 47 warehouse clubs in 12 countries and one U.S. territory, today announced its results of operations for the fourt...

Pricesmart's Earnings Outlook
Pricesmart (NASDAQ:PSMT) is set to give its latest quarterly earnings report on Thursday, 2021-10-21. Here's what investors need to know before the announcement.

Click Partners LP Launches Transformative E-Commerce Marketplace with the Acquisition of Aeropost Inc.
The combination of the cross-border logistics and e-commerce provider with Click's marketplace technology and smart-locker network will revolutionize the online shopping experience for Caribbean and C...

PriceSmart Announces Sale of Aeropost Package Forwarding and Marketplace Businesses
SAN DIEGO, Oct. 1, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced the sale of the legacy cross border casillero (package forwarding) and online marketplace businesses operated by...

PriceSmart Announces Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2021
SAN DIEGO, Sept. 10, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) plans to release fourth quarter fiscal year 2021 financial results on Thursday, October 21, 2021, after the market closes.

PriceSmart On Track To Open More Warehouse Clubs As Revenues Rise
Warehouse club operator PriceSmart, which runs 47 locations in 12 nations and one U.S. territory, said that total revenues for its third quarter increased by approximately 12 percent to about $895 mil...

PriceSmart Q3 Results Smash Estimates
PriceSmart Inc (NASDAQ: PSMT) reported third-quarter FY21 revenue of $895.3 million, a growth of 11.92% year-on-year, beating the consensus of $848.3 million. Net merchandise sales increased 11.6% Y/Y...

Pricesmart: Q3 Earnings Insights
Shares of Pricesmart (NASDAQ:PSMT) moved higher after the company reported Q3 results. Quarterly Results Earnings per share increased 78.05% year over year to $0.73, which beat the estimate of $0.65.

PriceSmart Announces Fiscal 2021 Third Quarter Operating Results
SAN DIEGO, July 8, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 47 warehouse clubs in 12 countries and one U.S. territory, today announced its results of operations for the fiscal...