Post-earnings dip for PriceSmart

|By:, SA News Editor

PriceSmart (PSMT -4.8%) trades lower after missing estimates with its FQ2 report.

Operating income was flat during the quarter as higher G&A expenses factored in. Total revenue was up 2% to $793.3M.

PriceSmart is loosely covered on Wall Street. Roth Capital is the only firm to weigh in this year, with a Buy rating and $102 price target on the retailer.

Previously: PriceSmart misses by $0.02, misses on revenue (April 6)

Previously: PriceSmart updates on March sales (April 6)