PriceSmart (PSMT) Misses Q2 EPS by 3c
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PriceSmart Announces Second Quarter Results of Operations and March Sales
April 7, 2016 4:00 PM EDTSAN DIEGO, CA -- (Marketwired) -- 04/07/16 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced its results of operations for the second quarter of fiscal year 2016 which ended on February 29, 2016.
For the second quarter of fiscal year 2016, net warehouse club sales increased 3.7% to $759.0 million from $732.1 million in the second quarter of fiscal year 2015. Total revenues for the second quarter of fiscal year 2016 were $777.9 million compared to $750.3 million in the comparable period of the prior year. The Company had 38 warehouse clubs in operation as of February 2016 and 36 clubs in operation as of February 2015.
The Company... More
