- Pricesmart (NASDAQ:PSMT) reports sales were up 3.7% in Q3. Comparable sales were up 1.5% across the 41 warehouse clubs in the comparison pool.
- Operating income was $32.0M vs. $27.2M a year ago.
- The retailer operated 43 clubs at the end of the quarter, up two from a year ago.
- The company also disclosed the resignation of CFO Maarten Jager due to personal reasons.
- PSMT +17.10% AH on volume of over 21K shares.
- Previously: PriceSmart EPS beats by $0.17, misses on revenue (Oct. 29)
Post-earnings rip for Pricesmart
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Symbol | Last Price | % Chg |
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PSMT | - | - |
PriceSmart, Inc. |