earnings
confidence high
sentiment positive
materiality 0.70
PriceSmart Q4 FY2021 net sales +12.7%; EPS $0.63 vs $0.65; record membership
PRICESMART INC
2021-FY EPS reported
$3.18
revenue$3,619,871,000
- Net merchandise sales $871.2M, +12.7% YoY; comparable sales +10.3%; revenue $909.6M, +12.2%.
- Operating income $32.5M vs $29.0M; net income $19.5M ($0.63 diluted EPS) vs $20.1M ($0.65).
- 12-month trailing membership renewal rate 89.6%; membership base at all-time high, above pre-COVID.
- 47 clubs as of Aug 31, 2021; plans to open 3 new clubs in Guatemala, Colombia, Jamaica by spring 2022.