Pricesmart Inc

NASDAQ: PSMT
$80.91
-$1.94 (-2.3%)
Closing price April 22, 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.
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24/7 Wall St. has put together a preview of Delta Air Lines, PepsiCo and a few other notable quarterly reports expected this coming week.
PriceSmart released mixed fiscal third-quarter financial results after the markets closed on Thursday.
PriceSmart reported mixed fiscal third-quarter financial results after the markets closed on Thursday.
Several chain stores will be announcing September same-store sales on after markets close Wednesday, and the projections from research firm Retail Metrics are not upbeat.
Stocks toward the cheap consumption end of the economy tend to do better than capital goods stocks dependent on low interest rates.
July is typically a transition month, with retailers clearing out summer inventory and stocking up with back-to-school items.
Source: ThinkstockIt’s a good thing that the month of January typically accounts for just 20% of most retailers’ fourth quarter sales. This January has been a particularly harsh one, at least as...
Research firm Retail Metrics released its preliminary estimates for December same-store sales Tuesday morning, along with its fourth-quarter outlook for same-store sales growth. Neither is headed...
Source: ThinkstockThe outlook for retailers reporting September same-store sales on Thursday offers substantial improvement over September 2012, but there are significant downside risks to the early...
July 11, 2013: U.S. equity markets opened higher this morning, cheered by Fed Chairman Ben Bernanke’s speech after markets closed night. In Asia, the Shanghai exchange soared 3.2%, even though...
July 10, 2013: U.S. equity markets opened barely mixed this morning after last night’s downgrade of Italian debt and a report that both China’s exports and imports declined in June. There was...
July 9, 2013: U.S. equity markets opened higher this morning on a day when there was no economic data due from the U.S. and only a bit from the rest of the world. In China, CPI was unchanged...
Source: ThinkstockSame-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in March and April rose just 1.4% and 3%, respectively, so the most...
Source: thinkstockRetailers are announcing April same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.5% year-over-year, compared with a 2% gain in February and...