PriceSmart (PSMT) Misses Q3 EPS by 2c, Revenue Beats
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PriceSmart Announces Third Quarter Results of Operations and June Sales; Opening of New Warehouse Club in Panama Also Announced
July 9, 2015 4:00 PM EDTSAN DIEGO, CA -- (Marketwired) -- 07/09/15 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced its results of operations for the third quarter of fiscal year 2015 which ended on May 31, 2015.
For the third quarter of fiscal year 2015, net warehouse club sales increased 13.0% to $675.3 million from $597.9 million in the third quarter of fiscal year 2014. Total revenues for the third quarter of fiscal year 2015 were $697.1 million compared to $615.0 million in the comparable period of the prior year. The Company had 36 warehouse clubs in operation as of May 2015 compared to 33 warehouse clubs in operation as of May... More
