PriceSmart (PSMT) Reports 2.9% Increase in Net Sales for November 2009
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PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of November 2009, net sales increased 2.9% to $108.7 million from $105.6 million in November a year earlier. There were 26 warehouse clubs in operation at the end of November 2009 compared to 25 warehouse clubs in operation in November 2008.
For the five weeks ended November 29, 2009, comparable warehouse sales for warehouse clubs open at least 12 full months increased 0.8% compared to the same five-week period last year. For the thirteen-week period ended November 29, 2009, comparable warehouse sales decreased 0.1% compared to the comparable thirteen-week period a year ago.
For the five weeks ended November 29, 2009, comparable warehouse sales for warehouse clubs open at least 12 full months increased 0.8% compared to the same five-week period last year. For the thirteen-week period ended November 29, 2009, comparable warehouse sales decreased 0.1% compared to the comparable thirteen-week period a year ago.
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