PriceSmart (PSMT) announces June net merchandise sales increased 3.9%

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PriceSmart Announces June Merchandise Sales; And Opening of New Warehouse Club in Santo Domingo, Dominican Republic

July 8, 2019 8:00 AM EDT

SAN DIEGO, July 8, 2019 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of June 2019, net merchandise sales increased 3.9% to $253.1 million from $243.7 million in June a year earlier. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by $7.6 million or 3.0% versus the same prior year one-month period. 

For the ten months ended June 30, 2019, net merchandise sales increased 0.8% to $2,575.6 million from... More