---
schema_version: "secwatch.filing_event.v1"
accession: "0001041803-22-000008"
form_type: "8-K"
ticker: "PSMT"
cik: "0001041803"
company_name: "PRICESMART INC"
filed_at: "2022-01-06T23:59:59+00:00"
generated_at: "2026-06-27T20:03:51.162998+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PriceSmart Q1: Net sales $944M (+12.6% YoY), EPS $0.98, op income $46M

## Summary
- Net merchandise sales $944.0M (+12.6% YoY); comparable net sales +9.4%; negative FX impact of $8.4M.
- Operating income $46.0M ($44.5M prior year); net income $30.5M ($27.7M); diluted EPS $0.98 ($0.90).
- Membership renewal rate 89.0% (trailing 12 months); membership base at all-time high.
- Operated 49 clubs vs 46 last year; 50th club planned in Portmore, Jamaica for April 2022.

## SEC filing metadata
- accession: 0001041803-22-000008
- form_type: 8-K
- ticker: PSMT
- cik: 0001041803
- company_name: PRICESMART INC
- filed_at: 2022-01-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041803/000104180322000008/0001041803-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041803/000104180322000008/psmt-20220106x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041803-22-000008
- JSON: https://secwatch.observer/filing/0001041803-22-000008.json
- Plain text: https://secwatch.observer/filing/0001041803-22-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.