secwatch.observer — SEC 8-K summary
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Issuer:     PRICESMART INC (PSMT)
CIK:        0001041803
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001041803-22-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PriceSmart Q4 net merchandise sales up 13.6% to $989.9M; EPS $0.75, up 19% YoY; record membership 1.76M
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- Net merchandise sales $989.9M (+13.6% YoY); total revenue >$1.0B for Q4 and >$4.0B for FY2022.
- Comparable net merchandise sales +9.2%, with negative FX impact of 2.7%.
- Record membership of 1.76M accounts (+5.5%); renewal rate 88.9%; membership income $15.6M (+6.7%).
- Diluted EPS $0.75 (up 19% from $0.63); operating income $39.0M vs $32.5M.
- September 2023 first month sales $324.1M (+12.1%); comps +7.8%; two new clubs planned in FY23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041803/000104180322000043/0001041803-22-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041803/000104180322000043/psmt-20221031x8k.htm
  HTML page:      https://secwatch.observer/filing/0001041803-22-000043

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