PriceSmart (PSMT) March 2020 net merchandise sales increased 17.1%

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Go back to PriceSmart (PSMT) March 2020 net merchandise sales increased 17.1%

PriceSmart (PSMT) Tops Q2 EPS by 4c, Revenues Beat

April 8, 2020 4:03 PM EDT

PriceSmart (NASDAQ: PSMT) reported Q2 EPS of $0.85, $0.04 better than the analyst estimate of $0.81. Revenue for the quarter came in at $906.7 million versus the consensus estimate of $895.46 million.

Comments from Sherry Bahrambeygui, Chief Executive Officer

"As always, and especially in response to the threats caused by the COVID-19 pandemic that we face in our 13 different markets, our top priority is to provide a safe work environment for our employees, who in turn ensure that our members have uninterrupted access to fresh, affordable food and basic goods, especially now. We have proactively taken... More