PriceSmart Kicks Off Fiscal 2026 with Robust Sales and Expansion Ambitions
03.02.2026 - 08:05:04
PriceSmart has exceeded market expectations, launching its 2026 fiscal year with a significant revenue increase. The company’s performance was bolstered by double-digit merchandise sales growth and a powerful surge in its digital segment. As PriceSmart eyes further physical expansion across Latin America, investors are assessing whether this momentum can be sustained.
- Revenue: $1.38 billion (+9.9%)
- Net Merchandise Sales: $1.35 billion (+10.6%)
- Earnings Per Share (EPS): $1.29
- Digital Sales Growth: +29.4%
- Member Accounts: 2.04 million
A key driver of the strong quarterly results was the digital business, which now accounts for 6.6% of total merchandise sales. Read more...
