PriceSmart Q1 revenue rises 10%

Reuters
01/08
PriceSmart Q1 revenue rises 10%

Overview

  • Warehouse club operator's fiscal Q1 revenue rose 9.9% yr/yr

  • Net merchandise sales grew 10.6% yr/yr

  • Company plans to open tenth club in Costa Rica

Outlook

  • PriceSmart plans to open tenth warehouse club in Costa Rica in fall 2026

  • Company expects to operate 60 clubs once new locations open

  • PriceSmart plans new club openings in Dominican Republic and Jamaica in 2026

Result Drivers

  • FOREIGN EXCHANGE IMPACT - Favorable foreign currency exchange rate fluctuations positively impacted net merchandise sales by $13.8 mln

  • CLUB EXPANSION - Increase in warehouse clubs from 54 to 56 contributed to sales growth

  • COMPARABLE SALES GROWTH - Comparable net merchandise sales increased 8.0% for clubs open more than 13.5 months

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 EPS

$1.29

Q1 Net Income

$40.17 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the discount stores peer group is "buy"

  • Wall Street's median 12-month price target for PriceSmart Inc is $112.50, about 11.5% below its January 6 closing price of $127.14

Press Release: ID:nPnSRw9za

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10