PriceSmart (PSMT) May Comps Rose 4.6%
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PriceSmart Announces May Sales and Dates for Third Quarter 2015 Financial Results Earnings Release and Conference Call
June 5, 2015 8:00 AM EDTSAN DIEGO, CA -- (Marketwired) -- 06/05/15 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of May 2015, net sales increased 13.8% to $230.2 million from $202.3 million in May a year earlier. For the nine months ended May 31, 2015, net sales increased 10.8% to $2,043.8 million from $1,844.8 million for the nine months ended May 31, 2014. There were 36 warehouse clubs in operation at the end of May 2015 and 33 warehouse clubs in operation at the end of May 2014.
For the five-week period ended May 31, 2015, comparable sales for the 32 warehouse clubs open at least 13 1/2 full months increased 4.6%, compared to the same... More
