PriceSmart (PSMT) March Net Warehouse Club Sales Increased 8.9%

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PriceSmart Announces March Sales

April 6, 2018 8:00 AM EDT

SAN DIEGO, April 6, 2018 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of March 2018, net warehouse club sales increased 8.9% to $261.3 million, from $239.9 million in March a year earlier. For the seven months ended March 31, 2018, net warehouse club sales increased 5.5% to $1,823.3 million from $1,728.2 million for the seven months ended March 31, 2017. There were 40 warehouse clubs in operation at the end of March 2018 and 39 warehouse clubs in operation at the end of March 2017.

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