Pricesmart Inc

NASDAQ: PSMT
$79.39
+$1.19 (+1.5%)
Closing price April 17, 2024
PriceSmart Inc operates membership-based warehouse clubs primarily in the United States, Central America, the Caribbean, and Colombia. Offering a wide range of products including groceries, electronics, appliances, and clothing under its Member’s Selection brand, it caters to both basic and luxury consumer needs. Beyond physical goods, PriceSmart provides food, bakery, and health services like optical and pharmacy. It also embraces digital shopping through its e-commerce platform, supporting online orders, curbside pickup, and delivery. Founded in 1994, PriceSmart is headquartered in San Diego, California, bringing a U.S.-style shopping experience to international markets.
Source: ThinkstockSame-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in February and March rose just 2% and 1.4%, respectively, so the...
Source: ThinkstockRetailers are announcing March same-store sales figures today. Research firm Retail Metrics projected an overall gain of 1.5% year-over-year, compared with a 2% gain in February and...
U.S. equity markets opened higher this morning and both the DJIA and the S&P 500 climbed to new intra-day highs (more coverage here). The Fed mistakenly released FOMC minutes early to some...
U.S. equity markets opened a bit higher this morning following a middling earnings report from Alcoa Inc. (NYSE: AA) last night (more coverage here). Economic data was minimal in the U.S., but in...
Many retailers will be reporting March same-store sales later this week, and the outlook is not pretty. According to research firm Retail Metrics, same-store sales will rise just 1.6% year-over-year...
Source: ThinkstockRetailers are announcing February same-store sales figures today. Research firm Retail Metrics projected an overall gain of 2.5% year-over-year, compared with a 5.1% gain in January...
Source: ThinkstockAfter three consecutive years of 4%+ same-store sales growth in the month of February, the outlook for the month in 2013 calls for growth of 2.7%, primarily on a forecast of weaker...
Source: ThinkstockSame-store sales for January are scheduled to be released this Thursday, and the consensus projection from research firm Retail Metrics calls for an increase of 2.8% compared with...
Markets opened lower this morning and there was no news sufficient to unleash significant buying. The report on new claims for unemployment benefits came in about as expected (our coverage here), and...
Markets opened lower this morning and didn’t recover. The ISM services index came in lower than expected (our coverage here) and the EIA report on crude oil inventories pushed crude prices down...
Markets opened lower today and of the three major indexes, only the S&P 500 was able to break through to positive territory and stay there for most of the day. The DJIA stayed negative all day and...
This week marks the release of the waves of same-store sales for the month of July and at least one research outfit is calling for strength to remain high enough that the U.S. will have seen...