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PSMT - PriceSmart GAAP EPS of $1.03 beats by $0.04 revenue of $1.04B in-line
PriceSmart Inc.
PriceSmart press release (NASDAQ:PSMT): FQ2 GAAP EPS of $1.03 beats by $0.04. Revenue of $1.04B (+10.9% Y/Y) in-line. Comparable net merchandise sales for the 47 warehouse clubs that have been open for greater than 13 ½ calendar months increased 10.3%. Our 12-month trailing membership renewal rate was a record 89.8%, and our membership base has grown to its all-time high.