earnings
confidence high
sentiment positive
materiality 0.65
PriceSmart Q3 FY2021 EPS $0.73, net sales up 11.6%, operating income up 50.4%
PRICESMART INC
2021-Q3 EPS reported
$2.55
revenue$2,710,265,000
- Diluted EPS $0.73 vs $0.41 prior year; net income $22.5M, up from $12.7M.
- Net merchandise sales $857.5M (+11.6% YoY); foreign exchange negatively impacted by $11.6M.
- Comparable net merchandise sales up 8.8% for 45 clubs; trailing 12-month membership renewal rate 87.6%.
- Operating income $36.0M, up 50.4% from $24.0M in prior year.
- Plans to open clubs in Guatemala City and Colombia fall 2021, and Jamaica spring 2022.