Trade PriceSmart Inc - PSMT CFD

PriceSmart Company profile

About PriceSmart, Inc.

PriceSmart, Inc. is an owner and operator of the United States (U.S.) style membership shopping warehouse clubs. The Company and its subsidiaries are principally engaged in the international operation of membership shopping in approximately 47 warehouse clubs located in over 12 countries and one U.S. territory that are located in Central America, the Caribbean and Colombia. In addition, it operates distribution centers in the United States. The Company's segments include the United States, Central America, the Caribbean and Colombia. It sells private label consumer products, offers prepared foods through its bakeries and food courts with the option for delivery, and in certain clubs it provides services such as optical and tires to individuals and businesses. The Company also operates a package forwarding business and marketplace business under the Aeropost banner in approximately 38 countries in Latin America and the Caribbean.

Financial summary

BRIEF: For the fiscal year ended 31 August 2021, PriceSmart, Inc. revenues increased 9% to $3.62B. Net incomeapplicable to common stockholders increased 25% to $96.7M.Revenues reflect Central American Operations segmentincrease of 11% to $2.11B, Colombia Operations segmentincrease of 15% to $420.8M, Central American Operationssegment increase of 11% to $2.11B, Colombia (Country)segment increase of 15% to $420.8M.

Equity composition

Common Stock $.0001 Par, 02/11, 45M auth., 30,688,399issd., less 791,594 shs. in Treas. @ $18.1M. Insidersown 29.87% Shares issd. 8/97 in spin-off from Price Ent.Basis: 1 PriceSmart per 4 Price Ent.