PriceSmart (PSMT) April Warehouse Clubs Comps Increase 1.9%

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PriceSmart Announces April Sales; and Opening of New Warehouse Club in Santo Domingo, Dominican Republic

May 7, 2018 8:00 AM EDT

SAN DIEGO, May 7, 2018 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of April 2018 net sales increased 1.6% to $240.3 million from $236.6 million in April a year earlier. For the eight months ended April 30, 2018, net sales increased 5.0% to $2,063.6 million from $1,964.8 million for the eight months ended April 30, 2017. There were 40 warehouse clubs in operation at the end of April 2018 and 39 warehouse clubs in operation at the end of April 2017.

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