PriceSmart Q4 revenue, net income rise on favorable FX, club expansion

Overview

• Warehouse club operator's fiscal Q4 revenue grew 13.9% year-over-year

• Net income rose 19% and diluted EPS reached $1.21 for the quarter

• Company opened its third warehouse club in Jamaica during October 2026

Outlook

• Company plans to open four new warehouse clubs by spring 2027

• PriceSmart expects to operate 63 clubs after new openings in Jamaica, Guatemala, Costa Rica and Chile

Result Drivers

• STORE EXPANSION - Co said net merchandise sales growth was partly driven by opening new warehouse clubs

• CURRENCY IMPACT - Co said foreign currency exchange rate fluctuations contributed positively to net merchandise sales by $78.5 mln, or 6.0%

• MEMBERSHIP INCOME - Co reported higher membership income in Q4, up to $27.2 mln from $22.6 mln in prior yr

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the discount stores peer group is "buy"

• Wall Street's median 12-month price target for PriceSmart, Inc. is $150.00, about 12.3% below its October 23 closing price of $170.95

• The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 29 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)