PriceSmart (PSMT) Announces August Sales Increased 4.4%

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PriceSmart Announces August Sales; And Fourth Quarter Earnings Release Dates

September 10, 2018 8:00 AM EDT

SAN DIEGO, Sept. 10, 2018 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of August 2018 net sales increased 4.4% to $248.8 million, from $238.3 million in August a year earlier. For the twelve months ended August 31, 2018, net sales increased 4.9% to $3,053.8 million from $2,910.1 million for the twelve months ended August 31, 2017. There were 41 warehouse clubs in operation at the end of August 2018 and 39 warehouse clubs in operation at the end of August 2017.

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