PriceSmart (PSMT) comparable warehouse sales decreased 1% in March

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PriceSmart Announces March Merchandise Sales

April 5, 2019 8:00 AM EDT

SAN DIEGO, April 5, 2019 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of March 2019, net merchandise sales increased 0.1% to $261.5 million from $261.3 million in March a year earlier. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by $8.7 million or 3.3% versus the same prior year one-month period. 

For the seven months ended March 31, 2019, net merchandise sales increased 0.3% to $1,829.1 million from $1,823.3... More