PriceSmart (PSMT) Announces Comp Sales Up 6.9%

PriceSmart, Inc. (NASDAQ: PSMT) announced that for the month of April 2009, net sales increased 8.8% to $96.8 million from $88.9 million in April a year earlier. For the four weeks ended April 26, 2009, comparable warehouse sales for the warehouse clubs open at least 12 full months increased 6.9% compared to the same four-week period last year.

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PriceSmart owns and operates U.S.-style membership shopping warehouse clubs in Central America and the Caribbean, selling high quality merchandise at low prices to PriceSmart members.

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