Highest-materiality recent filing
PriceSmart Q3 net sales up 12.5% to $1.48B; EPS $1.28; plans Chile entry, 11th Costa Rica club
Net merchandise sales $1.45B (+12.5% YoY); comparable sales +10.7%; constant currency comparable +6.9%.
PriceSmart Q2 EPS $1.62 beats $1.45; sales up 9.9%; plans 8th Guatemala club
Q2 total revenues $1.50B (+9.7% YoY); net merchandise sales $1.47B (+9.9%); comp sales +7.6%.
PriceSmart declares $1.40/share annual dividend; all director nominees re-elected
Annual cash dividend of $1.40 per share, payable in two $0.70 installments on Feb 27, 2026 and Aug 31, 2026.
PriceSmart Q1 net sales +10.6% to $1.35B, EPS $1.29, announces 10th Costa Rica club
Net merchandise sales up 10.6% to $1.35B; comparable sales +8.0%.
PriceSmart Q4 FY2025 net sales +9.2% to $1.30B; EPS $1.02; plans 3 new clubs
Net merchandise sales $1.30B (+9.2% YoY); comparable sales +7.5%; currency-neutral comparable +7.5%.
PriceSmart adjusts CEO David Price's comp mix; salary up $500K, equity target down $500K
Total annual compensation unchanged at ~$5M; salary raised to $2M from $1.5M.
PriceSmart Q3 EPS $1.14 beats $1.08; sales up 8%, comps up 7%
Q3 diluted EPS $1.14 vs $1.08 YoY; net income $35.2M (+8.2%).
PriceSmart sets CEO David Price's compensation: $1.5M salary, $500K cash target, $3M equity target
Base salary set at $1,500,000; target annual cash incentive $500,000; target annual equity incentive $3,000,000 grant-date value.
PriceSmart appoints Gualberto Hernandez as CFO effective June 1; Michael McCleary to retire
Hernandez, 61, joins from Estée Lauder where he was VP Finance & Strategy for Latin America since 2016.
PriceSmart Q2 FY2025 net income $43.8M, EPS $1.45, comparable sales +6.7%
Total revenues $1.36B (+5.6% YoY); net merchandise sales $1.33B (+5.8%; constant currency +7.0%)
PriceSmart names David Price CEO effective Sept 1; Robert Price becomes Executive Chairman
Robert Price steps down as Interim CEO effective Aug 31, 2025; becomes Executive Chairman.
PriceSmart declares $1.26 annual dividend; shareholders approve 750k share increase to equity plan
Declared annual cash dividend of $1.26 per share, payable in two installments of $0.63 on Feb 28 and Aug 29, 2025.
PriceSmart Q1 net sales up 7.8%; EPS falls to $1.21 from $1.24
Total revenues $1.26B (+7.8%); net merchandise sales $1.22B (+7.8%).
PriceSmart Q4 EPS $0.94 vs $0.49, revenue +9.6%; new Guatemala club planned
Total revenues grew 9.6% to $1.23B; net merchandise sales +9.5% to $1.19B.
PriceSmart Q3 net sales +11.6%; comp sales +7.8%; EPS $1.08 vs $0.94
Total rev $1.23B (+12.1%); net merch sales $1.19B (+11.6%).
PriceSmart Q2 EPS $1.31 (+28% YoY); declares $1.00 special dividend; plans 9th Costa Rica club
Total revenues $1.29B (+13.1% YoY); net merchandise sales +13.0% to $1.26B; comparable sales +8.8%.
PriceSmart declares $1.16 annual dividend; stockholders approve officer liability amendment
Annual dividend of $1.16 per share payable in two $0.58 installments on Feb 29 and Aug 30, 2024.
PriceSmart Q1 FY2024: Revenue $1.17B, EPS $1.24, comp sales +8.0%
Net merchandise sales $1.14B (+10.7% YoY); total revenues $1.17B (+10.6%).
PriceSmart Q4 revenue up 10% to $1.12B but GAAP EPS $0.49 on $9.2M tax charge
Net merchandise sales $1.09B (+10.0% YoY); comps +8.8% (constant currency +5.2%).
PriceSmart Q3 net income up 53.6% to $29.6M; announces $75M buyback
Total revenues $1.10B (+6.4% YoY); net merchandise sales $1.07B (+7.1%).
PriceSmart Q2 net sales up 10.3%, adjusted EPS $1.25 vs $1.03; plans new El Salvador club
Net merchandise sales $1.12B (+10.3% YoY); comparable store sales +8.5%.
John D. Hildebrandt appointed President and COO effective Dec 9, 2022; compensation set retroactively.
PriceSmart CTO Biehl resigns; transition agreement through June 1, 2023
Juan Ignacio Biehl, EVP and CTO, resigned effective Feb 3, 2023; entered transition agreement on March 10, 2023.
PriceSmart CTO Juan Ignacio Biehl resigns to pursue other opportunities
Resignation announced Feb 3, 2023; last day not set.
PriceSmart declares $0.92 annual dividend; say-on-pay vote fails
Board declares $0.92/share annual dividend: $0.46 payable Feb 28 (record Feb 16) and $0.46 on Aug 31 (record Aug 15).
PriceSmart boosts President & COO Hildebrandt's salary to $850k, target bonus $638k, equity $1.5M
John D. Hildebrandt's compensation increased retroactive to Dec. 9, 2022 promotion to President & COO.
PriceSmart Q1 net sales $1.03B (+8.6%), EPS $1.05, up 7.1% YoY
Net merchandise sales $1.03B, up 8.6% YoY (negative 2.3% FX impact).
PriceSmart CEO Sherry Bahrambeygui to resign Feb 3, 2023; founder Robert Price becomes Interim CEO
Sherry Bahrambeygui resigns as CEO effective Feb 3, 2023, remains on Board.
Net merchandise sales $989.9M (+13.6% YoY); total revenue >$1.0B for Q4 and >$4.0B for FY2022.
PriceSmart Q3 net sales up 16.5% to $999M; EPS $0.62 vs $0.73; inventory overhang weighs
Net merchandise sales $999M (+16.5% YoY); comparable sales +12.8% despite 2.2% negative FX impact.
PriceSmart appoints John D. Hildebrandt permanent COO; salary raised to $625K
Compensation Committee approved Hildebrandt as COO (ongoing) retroactive to May 1, 2022.
PriceSmart Q2 net sales exceed $1B for first time; EPS $1.03 vs $0.92
Q2 net merchandise sales $1.01B, +12.6% YoY; comparable sales +10.3%.
PriceSmart COO William J. Naylon resigns; John D. Hildebrandt named Acting COO
COO William J. Naylon resigns by mutual agreement effective Feb 28, 2022; receives severance of $650k plus potential bonus up to $260k and $200k one-time payment.
PriceSmart declares $0.86 per share cash dividend for fiscal 2022, payable in two installments
Cash dividend of $0.86/share declared, split into $0.43 payable Feb 28, 2022 (record Feb 15) and $0.43 payable Aug 31, 2022 (record Aug 15).
PriceSmart Q1: Net sales $944M (+12.6% YoY), EPS $0.98, op income $46M
Net merchandise sales $944.0M (+12.6% YoY); comparable net sales +9.4%; negative FX impact of $8.4M.
PriceSmart director Mitchell Lynn will not stand for re-election at next annual meeting
Mitchell Lynn notified PriceSmart of his decision not to stand for re-election for personal reasons.
PriceSmart Q4 FY2021 net sales +12.7%; EPS $0.63 vs $0.65; record membership
Net merchandise sales $871.2M, +12.7% YoY; comparable sales +10.3%; revenue $909.6M, +12.2%.
PriceSmart Q3 FY2021 EPS $0.73, net sales up 11.6%, operating income up 50.4%
Diluted EPS $0.73 vs $0.41 prior year; net income $22.5M, up from $12.7M.
PriceSmart previously announced that David Price will become Chief Executive Officer, effective September 1, 2025.
PriceSmart’s current Executive Vice President and Chief Financial Officer Michael McCleary resigned by mutual agreement with the Company, but will continue to serve as an Executive Vice President of the Company through September 30, 2025.
PriceSmart, Inc., a Delaware corporation (“PriceSmart” or the “Company”), today announced the appointment of Gualberto Hernandez as Executive Vice President and Chief Financial Officer effective June 1, 2025.
Robert Price will become Executive Chairman of the Board of Directors.
David Price, the Company's current Executive Vice President and Chief Transformation Officer and member of the Board of Directors, will become Chief Executive Officer effective September 1, 2025.
John D. Hildebrandt had been appointed President and Chief Operating Officer, effective December 9, 2022.
As previously announced, on February 3, 2023, Juan Ignacio Biehl, Executive Vice President and Chief Technology Officer of the Company, informed the Company’s Interim Chief Executive Officer that he plans to resign to pursue other opportunities.
On February 3, 2023, Juan Ignacio Biehl, Executive Vice President and Chief Technology Officer of PriceSmart, Inc., a Delaware corporation (“PriceSmart” or the “Company”), informed the Company’s Interim Chief Executive Officer that he plans to resign to pursue other opportunities.
Additionally, the Board elected John D. Thelan as a director of the Company to fill the newly created vacancy, effective immediately.
Upon Ms. Bahrambeygui’s resignation, Robert E. Price will become Interim Chief Executive Officer.
Sherry Bahrambeygui will be resigning as Chief Executive Officer, effective February 3, 2023
On May 23, 2022, the Compensation Committee of the Board of Directors of the Company approved Mr. Hildebrandt’s appointment as Chief Operating Officer in an ongoing, as opposed to acting, capacity.
Max materiality 0.80 · Median 0.65 · Most common event earnings