PriceSmart (PSMT) Jan. Comps Increase 0.5%

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PriceSmart Announces January Sales

February 7, 2018 8:00 AM EST

SAN DIEGO, Feb. 7, 2018 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of January 2018, net sales increased 6.2% to $243.6 million from $229.4 million in January a year earlier. For the five months ended January 31, 2018, net sales increased 4.7% to $1,333.1 million from $1,273.7 million in the same period last year. There were 40 warehouse clubs in operation at the end of January 2018 compared to 39 warehouse clubs in operation in January 2017.

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