PriceSmart (PSMT) Feb. Comps Increase 2.6%
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PriceSmart Announces February Sales; also announces Earnings Release and Conference Call Dates for Second Quarter Fiscal Year 2017 Financial Results
March 7, 2017 8:00 AM ESTSAN DIEGO, March 7, 2017 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of February 2017, net sales increased 0.5% to $214.6 million from $213.5 million in February a year earlier. February had 28 days in the current year compared to 29 days in 2016. For the six months ended February 28, 2017, net sales increased 2.7% to $1,488.4 million from $1,449.8 million in the same period last year. There were 39 warehouse clubs in operation at the end of February 2017 compared to 38 warehouse clubs in operation in February 2016.
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