PRICESMART ANNOUNCES FISCAL 2022 THIRD QUARTER OPERATING RESULTS AND PLANS FOR THIRD WAREHOUSE CLUB IN EL SALVADOR

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PriceSmart (PSMT) Misses Q3 EPS by 18c, Revenue Beat

July 11, 2022 4:02 PM EDT

PriceSmart (NASDAQ: PSMT) reported Q3 EPS of $0.62, $0.18 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $951.87 million.

Comparable net merchandise sales increased 12.8% over last year, even after taking into account a negative currency... More