PriceSmart Q1 FY2024: Revenue $1.17B, EPS $1.24, comp sales +8.0%

PRICESMART INC

2024-Q1 EPS reported $1.24 revenue$1,166,475,000

Net merchandise sales $1.14B (+10.7% YoY); total revenues $1.17B (+10.6%).
Comparable net merchandise sales +8.0% (constant currency +4.3%); FX tailwind +3.7%.
GAAP diluted EPS $1.24 vs $1.05 YoY; adjusted diluted EPS also $1.24.
Operating income $58.2M vs $55.5M; net income $38.0M vs $32.9M.
53 warehouse clubs at Nov 30, 2023 vs 50 a year ago (3 clubs added).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

PRICESMART INC reported first quarter ended November 30, 2023 results: revenue $1.17 billion, net income $38.0 million, EPS $1.24 per diluted share.

Period: first quarter ended November 30, 2023
Revenue: $1.17 billion
Net income: $38.0 million
EPS: $1.24 per diluted share
Result: reported results

Exact text from the filing

the fiscal first quarter of 2024, which ended on November 30, 2023. First Quarter Financial Results Total revenues for the first quarter of fiscal year 2024 increased 10.6% to $1.17 billion compared to $1.05 billion in the comparable period of the prior year. For the first quarter of fiscal year 2024, net merchandise sales increased 10.7% to $1.14 billion from $1.03

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Source: SEC EDGAR

accession 0001041803-24-000013

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