PriceSmart (PSMT) August net merchandise sales increased 4.5%

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PriceSmart Announces August Merchandise Sales; Fourth Quarter Earnings Release Dates Also Announced

September 9, 2019 8:00 AM EDT

SAN DIEGO, Sept. 9, 2019 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of August 2019, net merchandise sales increased 4.5% to $259.9 million, from $248.8 million in August a year earlier. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by $6.5 million or 2.5% versus the same prior year one-month period. 

For the twelve months ended August 31, 2019, net merchandise sales increased 1.2% to $3,091.3 million from... More