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
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 EPS | $1.21 | ||
Q4 Net Income | $37.64 mln |
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.)