Earnings ·
PriceSmart reports Q4 diluted EPS of $1.21 as net income rises 19.3% to $37.6 million
PSMTPricesmart Inc
PriceSmart, Inc. reported fourth-quarter fiscal 2026 results ending August 31, 2026, with total revenues increasing 13.9% to $1.52 billion and net merchandise sales growing 13.8% to $1.48 billion. Net income rose 19.3% to $37.6 million, or $1.21 per diluted share, compared to $31.5 million, or $1.02 per diluted share, in the prior year period. Operating income increased to $57.0 million from $52.8 million, while adjusted EBITDA grew to $83.5 million from $75.5 million. The company also opened its third warehouse club in Jamaica during the quarter. PriceSmart operates membership shopping warehouse clubs across Latin America and the Caribbean.