---
schema_version: "secwatch.filing_event.v1"
accession: "0001041803-23-000056"
form_type: "8-K"
ticker: "PSMT"
cik: "0001041803"
company_name: "PRICESMART INC"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T05:31:45.063118+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PriceSmart Q4 revenue up 10% to $1.12B but GAAP EPS $0.49 on $9.2M tax charge

## Summary
- Net merchandise sales $1.09B (+10.0% YoY); comps +8.8% (constant currency +5.2%).
- GAAP diluted EPS $0.49 vs $0.75; adjusted diluted EPS $0.65 (includes $0.30 tax settlement hit).
- Operating income $32.1M vs $39.0M; includes $9.2M minimum tax litigation charge and $5.7M asset impairment.
- Completed $75M share repurchase (1,007,000 shares); no new buyback program expected currently.
- FY2023 full-year adjusted EPS $4.06 vs $3.33; adjusted EBITDA $275.7M.

## SEC filing metadata
- accession: 0001041803-23-000056
- form_type: 8-K
- ticker: PSMT
- cik: 0001041803
- company_name: PRICESMART INC
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041803/000104180323000056/0001041803-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041803/000104180323000056/psmt-20231030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041803-23-000056
- JSON: https://secwatch.observer/filing/0001041803-23-000056.json
- Plain text: https://secwatch.observer/filing/0001041803-23-000056.txt

## Key facts
- Earnings Releases
  PRICESMART INC reported fourth quarter ended August 31, 2023 results: revenue $1.12 billion, net income $15.4 million, or $0.49 per diluted share, EPS $0.49 per diluted share.
  - Period: fourth quarter ended August 31, 2023
  - Revenue: $1.12 billion
  - Net income: $15.4 million, or $0.49 per diluted share
  - EPS: $0.49 per diluted share
  - Result: reported results
  source text: Total revenues for the fourth quarter of fiscal year 2023 increased 9.5% to $1.12 billion compared to $1.02 billion in the comparable period of the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041803/000104180323000056/0001041803-23-000056-index.htm

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