secwatch.observer — SEC 8-K summary
======================================

Issuer:     PRICESMART INC (PSMT)
CIK:        0001041803
Form:       8-K
Filed at:   2023-07-10T23:59:59+00:00
Accession:  0001041803-23-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PriceSmart Q3 net income up 53.6% to $29.6M; announces $75M buyback
-------------------------------------------------------------------

- Total revenues $1.10B (+6.4% YoY); net merchandise sales $1.07B (+7.1%).
- Diluted EPS $0.94 vs $0.62; adjusted diluted EPS $1.02.
- Comparable net merchandise sales +5.8% (constant currency +4.3%).
- Operating income $43.1M vs $33.8M; adjusted EBITDA $63.2M vs $51.3M.
- Board authorized $75M stock repurchase program with no time limit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041803/000104180323000042/0001041803-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041803/000104180323000042/psmt-20230710.htm
  HTML page:      https://secwatch.observer/filing/0001041803-23-000042

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