secwatch.observer — SEC 8-K summary
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Issuer:     PRICESMART INC (PSMT)
CIK:        0001041803
Form:       8-K
Filed at:   2021-07-08T23:59:59+00:00
Accession:  0001041803-21-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PriceSmart Q3 FY2021 EPS $0.73, net sales up 11.6%, operating income up 50.4%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041803/000104180321000034/0001041803-21-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041803/000104180321000034/psmt-20210531x8k.htm
  HTML page:      https://secwatch.observer/filing/0001041803-21-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer