PriceSmart (PSMT) Tops Q2 EPS by 3c

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PRICESMART ANNOUNCES RECORD FISCAL 2022 SECOND QUARTER OPERATING RESULTS

April 7, 2022 4:01 PM EDT

NET MERCHANDISE SALES EXCEED $1 BILLION NET MERCHANDISE SALES GREW BY 12.6%COMPARABLE NET MERCHANDISE SALES GREW BY 10.3%MEMBERSHIP BASE AND RENEWAL RATE INCREASED TO RECORD LEVELSOPERATING INCOME INCREASED BY 7.4%$1.03 DILUTED EARNINGS PER SHARE

SAN DIEGO, April 7, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 49 warehouse clubs in 12 countries and one U.S. territory, today announced record operating results for the fiscal second quarter of 2022, which ended on February 28, 2022.

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