---
schema_version: "secwatch.filing_event.v1"
accession: "0001041803-24-000013"
form_type: "8-K"
ticker: "PSMT"
cik: "0001041803"
company_name: "PRICESMART INC"
filed_at: "2024-01-09T23:59:59+00:00"
generated_at: "2026-06-07T01:15:37.720297+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001041803-24-000013
- form_type: 8-K
- ticker: PSMT
- cik: 0001041803
- company_name: PRICESMART INC
- filed_at: 2024-01-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041803/000104180324000013/0001041803-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041803/000104180324000013/psmt-20240109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041803-24-000013
- JSON: https://secwatch.observer/filing/0001041803-24-000013.json
- Plain text: https://secwatch.observer/filing/0001041803-24-000013.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041803/000104180324000013/0001041803-24-000013-index.htm

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