secwatch.observer — SEC 8-K summary
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Issuer:     PRICESMART INC (PSMT)
CIK:        0001041803
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001562762-21-000366
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PriceSmart Q4 FY2021 net sales +12.7%; EPS $0.63 vs $0.65; record membership
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041803/000156276221000366/0001562762-21-000366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041803/000156276221000366/psmt-20211021x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-21-000366

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