PriceSmart (PSMT) Comps Flat in July 2016
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PriceSmart Announces July Sales
August 5, 2016 8:00 AM EDTSAN DIEGO, CA -- (Marketwired) -- 08/05/16 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of July 2016, net warehouse club sales increased 3.9% to $236.3 million, from $227.4 million in July a year earlier. For the eleven months ended July 31, 2016, net warehouse club sales increased 4.2 % to $2,591.7 million from $2,488.4 million for the eleven months ended July 31, 2015. There were 38 warehouse clubs in operation at the end of July 2016 and 37 warehouse clubs in operation at the end of July 2015.
For the four weeks ended July 24, 2016, comparable warehouse sales for the 36 warehouse clubs open at least 13 1/2... More
