PriceSmart (PSMT) Tops Q3 EPS by 15c, Revenues Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/26/2026
- S&P 500, Nasdaq set for sharp weekly fall as chips stocks slide
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
- Needham Starts NeoVolta (NEOV) at Buy
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- TD Cowen: 'Sober View Suggests Structural Alcohol Risks Are Overblown'
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
PriceSmart (PSMT) Announces June Net Merchandise Sales
July 7, 2020 8:05 AM EDTPriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of June 2020 net merchandise sales decreased 1.5% to $249.2 million from $253.1 million in June a year earlier. Foreign currency exchange fluctuations impacted net merchandise sales negatively by $7.8 million or 3.1% versus the same one-month period in the prior year. There were 46 warehouse clubs in operation at the end of June 2020 and 43 warehouse clubs in operation at the end of June 2019.
For the four weeks ended June 28, 2020, comparable net merchandise sales for the 41 warehouse clubs open at least 13 ½ full months decreased 4.9% when compared to the same four-week... More
