PriceSmart (PSMT) April Comps Rose 0.2%

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PriceSmart Announces April Sales

May 7, 2015 8:01 AM EDT

SAN DIEGO, CA -- (Marketwired) -- 05/07/15 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of April 2015 net sales increased 7.8% to $207.5 million from $192.4 million in April a year earlier. For the eight months ended April 30, 2015, net sales increased 10.4% to $1,813.7 million from $1,642.5 million for the eight months ended April 30, 2014. There were 36 warehouse clubs in operation at the end of April 2015 and 32 warehouse clubs in operation at the end of April 2014.

For the four-week period ended April 26, 2015 comparable sales for the 32 warehouse clubs open at least 13 1/2 full months increased 0.2%, compared to the... More