PriceSmart (PSMT) Reports July Merchandise Sales

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PriceSmart Announces July Merchandise Sales

August 7, 2019 8:01 AM EDT

SAN DIEGO, Aug. 7, 2019 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of July 2019, net merchandise sales increased 2.8% to $255.8 million from $248.9 million in July a year earlier. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by $6.4 million or 2.5% versus the same prior year one-month period. 

For the eleven months ended July 31, 2019, net merchandise sales increased 0.9% to $2,831.4 million from $2,805.0... More