PriceSmart (PSMT) Reports In-Line Q4 EPS

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PriceSmart Announces Fourth Quarter and Fiscal Year Results of Operations

October 29, 2015 4:00 PM EDT

SAN DIEGO, CA -- (Marketwired) -- 10/29/15 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced its results of operations for the fourth quarter and the twelve months of fiscal year 2015 which ended on August 31, 2015.

For the fourth quarter of fiscal year 2015, net warehouse club sales increased 13.0% to $677.3 million from $599.6 million in the fourth quarter of fiscal year 2014. Total revenues for the fourth quarter of fiscal year 2015 were $699.2 million compared to $622.6 million in the comparable period of the prior year. The Company had 37 warehouse clubs in operation as of August 2015 compared to 33 warehouse clubs in operation as... More