---
schema_version: "secwatch.filing_event.v1"
accession: "0001041803-22-000022"
form_type: "8-K"
ticker: "PSMT"
cik: "0001041803"
company_name: "PRICESMART INC"
filed_at: "2022-04-07T23:59:59+00:00"
generated_at: "2026-06-26T08:39:17.819183+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PriceSmart Q2 net sales exceed $1B for first time; EPS $1.03 vs $0.92

## Summary
- Q2 net merchandise sales $1.01B, +12.6% YoY; comparable sales +10.3%.
- Operating income $48.3M (vs $45.0M); diluted EPS $1.03 (vs $0.92).
- Membership renewal rate record 89.8%; membership base at all-time high.
- Plans to open 50th club in Portmore, Jamaica in April 2022; 49 clubs currently.
- Foreign currency headwind of $26.3M (3.0%) on net sales; $24.2M (2.7%) on comps.

## SEC filing metadata
- accession: 0001041803-22-000022
- form_type: 8-K
- ticker: PSMT
- cik: 0001041803
- company_name: PRICESMART INC
- filed_at: 2022-04-07T23:59:59+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/1041803/000104180322000022/0001041803-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041803/000104180322000022/psmt-20220407x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041803-22-000022
- JSON: https://secwatch.observer/filing/0001041803-22-000022.json
- Plain text: https://secwatch.observer/filing/0001041803-22-000022.txt

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