BUZZ-PriceSmart falls on lower Q1 profit

Reuters

2025/01/09

** Shares of Warehouse club chain operator PriceSmart PSMT.O down 6.2% at $87.63 in extended trading

** Company reports Q1 net income of $37.4 mln, or $1.21 per share, compared with $38.05 mln, or $1.24 per share, a year ago

** Posts an 8.2% jump in total operating expenses to $1.20 bln from $1.11 bln a year ago

** Posts total revenue of $1.26 bln, compared with $1.17 bln for the same period last year

** Stock rose ~17% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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