PriceSmart (PSMT) July Sales Comps Increase 1.4%

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PriceSmart Announces July Sales

August 7, 2017 8:00 AM EDT

SAN DIEGO, Aug. 7, 2017 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of July 2017, net warehouse club sales increased 2.7% to $242.5 million, from $236.3 million in July a year earlier. For the eleven months ended July 31, 2017, net warehouse club sales increased 3.1% to $2,671.7 million from $2,591.7 million for the eleven months ended July 31, 2016. There were 39 warehouse clubs in operation at the end of July 2017 and 38 warehouse clubs in operation at the end of July 2016.

For the four weeks ended July 30, 2017,... More