Latest news with #PriceSmart
Yahoo
a day ago
- Business
- Yahoo
PriceSmart, Inc. (PSMT): A Bull Case Theory
We came across a bullish thesis on PriceSmart, Inc. on Countervail Capital's Substack by Johann Colloredo-Mansfeld. In this article, we will summarize the bulls' thesis on PSMT. PriceSmart, Inc.'s share was trading at $111.29 as of August 7th. PSMT's trailing P/E was 23.43 according to Yahoo Finance. Copyright: stocking / 123RF Stock Photo PriceSmart, Inc. (PSMT), a U.S.-based operator of 54 membership warehouse clubs across Latin America and the Caribbean, has been financially resilient but largely ignored by markets. Despite consistent 7.3% revenue CAGR since FY 2020, margin expansion, and a strong balance sheet with no debt, the stock has remained flat for a decade, sharply underperforming U.S. peers like Costco and BJ's. PSMT's operations resemble a long-EM, short-dollar carry trade: it collects revenues in local currencies but sources and finances in U.S. dollars, making FX a primary driver of performance. Empirical analysis shows that a 1% local currency appreciation boosts annual revenue growth by ~3% and EBITDA margins by 0.57%. Valuation multiples tend to rise indirectly through these fundamentals during weak-dollar regimes. In such scenarios, simulations suggest PSMT equity could return over 5x within three years, albeit with elevated tail risk. In contrast, under strong-dollar regimes, outcomes are stable but muted, with capital preservation and a 1.5x median return. Currently, PSMT trades at steep discounts—79% on TEV/EBITDA and 68% on TEV/Sales—despite similar returns on capital and higher margins versus peers. It yields 1.2% on dividends and 1.8% on free cash flow, offering positive carry while acting as a leveraged hedge on USD weakness. With improving fundamentals, robust FX-driven upside optionality, and current valuation misalignment amid a weakening dollar backdrop, PSMT equity presents a rare opportunity: an attractively priced, positive-carry instrument offering asymmetric upside and capital protection—an underappreciated bet on dollar depreciation embedded in a fundamentally solid business. Previously, we covered a bullish thesis on PriceSmart, Inc. (PSMT) by Charly AI in April 2025, which highlighted the company's strong financials, regional expansion, and undervaluation. The company's stock price has appreciated approximately 9% since our coverage. This is because the thesis began to play out. Johann Colloredo-Mansfeld shares an identical thesis but emphasizes FX-driven upside optionality. PriceSmart, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 20 hedge fund portfolios held PSMT at the end of the first quarter which was 22 in the previous quarter. While we acknowledge the potential of PSMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None.
Yahoo
28-07-2025
- Business
- Yahoo
PriceSmart, Inc. (NASDAQ:PSMT) Sees 7.1% YoY Growth in Total Revenues in Q3 2025
PriceSmart, Inc. (NASDAQ:PSMT) is one of the The company announced results for the fiscal Q3 2025, wherein its total revenues rose 7.1% to $1.32 billion compared to $1.23 billion in the comparable period of the previous year, with net merchandise sales rising 8.0% YoY to $1.29 billion. PriceSmart, Inc. (NASDAQ:PSMT) has been pursuing opportunities to add new warehouse clubs in the current markets and to assess opportunities in the new markets. Primarily, it is presently evaluating Chile as a potential new market for multiple PriceSmart warehouse clubs. Aerial view of a large discount store showcasing its vast selection of products. PriceSmart, Inc. (NASDAQ:PSMT) continues to strengthen its distribution and logistics infrastructure. It operates major distribution centers in Miami, Costa Rica, and Panama. In FY 2026, the company plans to upgrade its Panama DC to support coal products and to open new DCs in Guatemala, Trinidad, and the Dominican Republic. Such local facilities can improve product availability, reduce lead times, and lower landed costs. PriceSmart, Inc. (NASDAQ:PSMT) also highlighted that with international trade becoming more complex, its free trade zone operations in the US and Costa Rica offer a strategic advantage by enabling to consolidate and export goods without duties or tariffs. PriceSmart, Inc. (NASDAQ:PSMT) continues to pursue strategies like supply chain diversification, expanded offshore consolidation, and increased free trade zone utilization to improve efficiency and offset increased costs. PriceSmart, Inc. (NASDAQ:PSMT) is a membership-based warehouse club retailer selling a wide range of FMCGs like food, beverages, and household items in bulk. While we acknowledge the potential of PSMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Globe and Mail
11-07-2025
- Business
- Globe and Mail
PriceSmart Q3 Earnings Miss Estimates, Net Merchandise Sales Up 8% Y/Y
PriceSmart, Inc. PSMT posted third-quarter fiscal 2025 results, wherein the top and bottom lines increased year over year. However, earnings missed the Zacks Consensus Estimate. PriceSmart's third-quarter results reflect steady progress in its core membership warehouse club business, underscoring the resilience of its model amid currency volatility and broader macroeconomic challenges. The company remains focused on expanding its footprint and evaluating new market opportunities to drive long-term growth. A key highlight was the announcement that PriceSmart is evaluating Chile as a potential new market for multiple warehouse clubs, demonstrating its commitment to strategic expansion and future growth. More on PriceSmart's Q3 Results This operator of membership warehouse clubs reported adjusted earnings per share of $1.14 in the quarter under review, which missed the Zacks Consensus Estimate of $1.16. However, this metric increased 5.6% from $1.08 per share in the year-earlier quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Total revenues of $1.32 billion increased 7.1% from the prior-year quarter. The company's net merchandise sales of $1.29 billion climbed 8% from the year-ago period. On a constant currency basis, the metric rose 9.5%. Notably, foreign currency exchange fluctuations negatively impacted sales by $18.6 million, or 1.5%. Membership income of $21.9 million rose 13.4% from the year-ago period. PriceSmart reported a 7% increase in comparable net merchandise sales for 13 weeks ending June 1, 2025, compared with the same period the previous year. On a constant currency basis, the metric rose 8.5%. Foreign currency exchange fluctuations contributed to a 1.5% decline in comparable net merchandise sales growth during the period. PSMT Stock Past Three-Month Performance Image Source: Zacks Investment Research Sneak Peek Into PSMT's Margins For the fiscal third quarter, PriceSmart's selling, general and administrative expenses totaled $172.8 million, up 8.4% from $159.5 million in the year-ago quarter. As a percentage of total revenues, SG&A expenses represented approximately 13.1%, up 10 basis points from 13% in the prior-year quarter. The slight increase reflects higher operating costs associated with the company's larger club footprint, wage and benefit inflation, and continued investment in strategic initiatives. Operating income during the fiscal third quarter was $56.2 million, up from $49.9 million in the prior-year period. The operating margin improved 20 basis points year over year to approximately 4.3%. Adjusted EBITDA was $79 million, up 11.2% from $71 million in the year-ago quarter. The adjusted EBITDA margin for the quarter was approximately 6%, up 20 basis points year over year. The improvement was driven by higher merchandise sales, membership income growth, and operating leverage despite foreign currency headwinds. PriceSmart's Financial Health Snapshot The company ended the quarter with cash and cash equivalents of $168 million, long-term debt (net of current portion) of $86.2 million and total shareholders' equity of $1.21 billion. The company had 55 warehouse clubs in operation as of May 31, 2025, compared with 54 warehouse clubs in operation as of May 31, 2024. Shares of this Zacks Rank #3 (Hold) company have gained 8.9% in the past three months compared with the industry's growth of 1.4%. Key Picks Some better-ranked stocks in the retail space are Canada GooseGOOS, Stitch FixSFIX and Allbirds Canada Goose is a global outerwear brand. GOOS is a designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Canada Goose's current fiscal year's earnings and sales indicates growth of 10% and 2.9%, respectively, from the year-ago actuals. Canada Goose delivered a trailing four-quarter average earnings surprise of 57.2%. Stitch Fix delivers customized shipments of apparel, shoes and accessories for women, men and kids. It currently carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for Stitch Fix's current fiscal year's earnings implies growth of 71.7% from the year-ago actuals. SFIX delivered a trailing four-quarter average earnings surprise of 51.4%. Allbirds is a lifestyle brand that uses naturally derived materials to make footwear and apparel products. It presently carries a Zacks Rank of 2. The Zacks Consensus Estimate for BIRD's current financial-year earnings implies growth of 16.1% from the year-ago actual. The company delivered a trailing four-quarter average earnings surprise of 21.3%. #1 Semiconductor Stock to Buy (Not NVDA) The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow. One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
10-07-2025
- Business
- Yahoo
PRICESMART ANNOUNCES FISCAL 2025 THIRD QUARTER OPERATING RESULTS AND CHILE AS A POTENTIAL NEW MARKET
NET MERCHANDISE SALES GREW 8.0%COMPARABLE NET MERCHANDISE SALES INCREASED 7.0%$1.14 EARNINGS PER DILUTED SHARE SAN DIEGO, July 10, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT), operator of 55 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal third quarter of 2025, which ended on May 31, 2025. Third Quarter Financial Results Total revenues for the third quarter of fiscal year 2025 increased 7.1% to $1.32 billion compared to $1.23 billion in the comparable period of the prior year. For the third quarter of fiscal year 2025, net merchandise sales increased 8.0% to $1.29 billion from $1.19 billion in the third quarter of fiscal year 2024. Net merchandise sales - constant currency increased 9.5% over the comparable prior-year period. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by $18.6 million, or 1.5%, versus the same period in the prior year. The Company had 55 warehouse clubs in operation as of May 31, 2025 compared to 54 warehouse clubs in operation as of May 31, 2024. Comparable net merchandise sales for the 54 warehouse clubs that have been open for greater than 13 ½ calendar months increased 7.0% for the 13-week period ended June 1, 2025 compared to the comparable 13-week period of the prior year. Comparable net merchandise sales - constant currency for the 13 weeks ended June 1, 2025 increased 8.5%. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales negatively by 1.5% versus the same period in the prior year. The Company recorded operating income during the fiscal third quarter of $56.2 million compared to operating income of $49.9 million in the prior-year period. Net income increased 8.2% to $35.2 million, or $1.14 per diluted share, in the third quarter of fiscal year 2025 compared to $32.5 million, or $1.08 per diluted share, in the third quarter of fiscal year 2024. Adjusted EBITDA for the third quarter of fiscal year 2025 was $79.0 million compared to $71.0 million in the same period last year. Year-to-Date Financial Results Total revenues for the nine months ended May 31, 2025 increased 6.8% to $3.94 billion compared to $3.69 billion in the comparable period of the prior year. For the first nine months of fiscal year 2025, net merchandise sales increased 7.2% to $3.85 billion from $3.59 billion in the comparable prior-year period. Net merchandise sales - constant currency increased 8.2% over the comparable prior year period. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by $38.0 million, or 1.0%, versus the same period in the prior year. Comparable net merchandise sales for the 54 warehouse clubs that have been open for greater than 13 ½ calendar months increased 6.5% for the 39-week period ended June 1, 2025 compared to the comparable 39-week period of the prior year. Comparable net merchandise sales - constant currency for the 39 weeks ended June 1, 2025 increased 7.6%. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales negatively by 1.1% versus the same period in the prior year. The Company recorded operating income during the first nine months of fiscal year 2025 of $179.8 million compared to operating income of $171.7 million in the prior-year period. Net income increased 6.0% to $116.3 million, or $3.80 per diluted share, in the first nine months of fiscal year 2025 compared to $109.8 million, or $3.62 per diluted share, in the first nine months of fiscal year 2024. Adjusted EBITDA for the first nine months of fiscal year 2025 was $245.1 million compared to $232.9 million in the same period last year. New Potential Market The Company continues to pursue opportunities to add new warehouse clubs in existing markets and to assess opportunities in new markets. In particular, the Company is currently evaluating Chile as a potential new market for multiple PriceSmart warehouse clubs. The Company has hired local consultants to help in this process and is actively looking for potential sites for new warehouse clubs in Chile. However, opening PriceSmart warehouse clubs in Chile remains subject to finding appropriate sites for warehouse clubs and distribution facilities, the results of continuing market analyses and receipt of required governmental permits, among other uncertainties. Note Regarding Non-GAAP (Generally Accepted Accounting Principles) Financial Measures The foregoing discussion of the Company's operating results includes references to adjusted EBITDA, net merchandise sales - constant currency and comparable net merchandise sales - constant currency, which are non-GAAP financial measures. We believe these supplemental measures are useful to investors and analysts because they exclude items that we do not believe are indicative of our core operating performance. These non-GAAP financial measures are defined and reconciled to the most comparable GAAP measures later in this document. Conference Call Information PriceSmart management will host a conference call at 12:00 p.m. Eastern time (9:00 a.m. Pacific time) on Monday, July 14, 2025, to discuss the financial results. Individuals interested in participating in the conference call may do so by dialing toll free (800) 549-8228 or (646) 564-2877 for international callers and asking to join the PriceSmart earnings call. A digital replay will be available shortly following the conclusion of the call through Monday, July 21, 2025 by dialing (888) 660-6264 for domestic callers, or (646) 517-3975 for international callers, and entering replay passcode 90598#. About PriceSmart PriceSmart, headquartered in San Diego, owns and operates U.S.-style membership shopping warehouse clubs in Latin America and the Caribbean, selling high quality merchandise and services at low prices to PriceSmart Members. PriceSmart operates 55 warehouse clubs in 12 countries and one U.S. territory (ten in Colombia; nine in Costa Rica; seven in Panama; six in Guatemala; five in Dominican Republic; four each in Trinidad and El Salvador; three in Honduras; two each in Nicaragua and Jamaica; and one each in Aruba, Barbados and the United States Virgin Islands). In addition, the Company plans to open one warehouse club in Quetzaltenango, Guatemala in August 2025 and one warehouse club in La Romana, Dominican Republic in the spring of 2026. Once these two new clubs are open, the Company will operate 57 warehouse clubs. This press release may contain forward-looking statements concerning PriceSmart, Inc.'s ("PriceSmart", the "Company" or "we") anticipated future revenues and earnings, adequacy of future cash flows, future dividends, omni-channel initiatives, proposed warehouse club openings, the Company's performance relative to competitors and related matters. These forward-looking statements include, but are not limited to, statements containing the words "expect," "believe," "will," "may," "should," "project," "estimate," "anticipated," "scheduled," "intend," and like expressions, and the negative thereof. These statements are subject to risks and uncertainties that could cause actual results to differ materially including, but not limited to: various political, economic and compliance risks associated with our international operations, including the effects of tariffs and/or international trade wards and disruptions to remittances, adverse changes in economic conditions in our markets, natural disasters, volatility in currency exchange rates and illiquidity of certain local currencies in our markets, competition, consumer and small business spending patterns, political instability, increased costs associated with the integration of online commerce with our traditional business, whether the Company can successfully execute strategic initiatives, our reliance on third party service providers, including those who support transaction and payment processing, data security and other technology services, cybersecurity breaches that could cause disruptions in our systems or jeopardize the security of Member, employee or business information, cost increases from product and service providers, interruption of supply chains, exposure to product liability claims and product recalls, recoverability of moneys owed to PriceSmart from governments, and other important factors discussed in the Risk Factors section of the Company's most recent Annual Report on Form 10-K, and other factors discussed from time to time in other filings with the SEC, which are accessible on the SEC's website at including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date that they are made, and the Company does not undertake to update them, except as required by law. In addition, these risks are not the only risks that the Company faces. The Company could also be affected by additional factors that apply to all companies operating globally and in the U.S., as well as other risks that are not presently known to the Company or that the Company considers to be immaterial. For further information, please contact Investor Relations (858) 404-8826 or send an email to ir@ PRICESMART, STATEMENTS OF INCOME(UNAUDITED—AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA)Three Months EndedNine Months EndedMay 31,2025May 31,2024May 31,2025May 31,2024 Revenues:Net merchandise sales $ 1,289,997$ 1,194,531$ 3,848,411$ 3,590,461 Export sales 99011,58614,59530,106 Membership income 21,85719,27962,97155,566 Other revenue and income 4,4454,03213,14211,720 Total revenues 1,317,2891,229,4283,939,1193,687,853 Operating expenses:Cost of goods sold:Net merchandise sales 1,086,6801,008,7213,242,8923,024,134 Export sales 95710,93513,77028,663 Selling, general and administrative:Warehouse club and other operations 125,745119,053367,832346,792 General and administrative 47,07040,434132,669114,682 Pre-opening expenses 30226617970 Loss on disposal of assets 3053501,579872 Total operating expenses 1,261,0591,179,5193,759,3593,516,113 Operating income 56,23049,909179,760171,740 Other income (expense):Interest income 2,4862,5217,4418,612 Interest expense (2,762)(3,579)(7,995)(9,688) Other expense, net (6,888)(1,882)(19,050)(11,044) Total other expense (7,164)(2,940)(19,604)(12,120) Income before provision for income taxes and income (loss) of unconsolidated affiliates 49,06646,969160,156159,620 Provision for income taxes (13,917)(14,483)(43,797)(49,895) Income (loss) of unconsolidated affiliates 93(13)82 Net income $ 35,158$ 32,489$ 116,346$ 109,807 Net income per share available for distribution:Basic $ 1.14$ 1.08$ 3.80$ 3.62 Diluted $ 1.14$ 1.08$ 3.80$ 3.62 Shares used in per share computations:Basic 30,07029,96830,05030,052 Diluted 30,07829,96830,05530,052 PRICESMART, BALANCE SHEETS(AMOUNTS IN THOUSANDS, EXCEPT SHARE DATA)May 31,2025(Unaudited)August 31,2024 ASSETSCurrent Assets:Cash and cash equivalents $ 167,961$ 125,364 Short-term restricted cash 3,4881,383 Short-term investments 94,408100,165 Receivables, net of allowance for credit losses of $52 as of May 31, 2025 and August 31, 2024 21,24918,847 Merchandise inventories 553,123528,678 Prepaid expenses and other current assets (includes $0 and $4,480 as of May 31, 2025 and August 31, 2024, respectively, for the fair value of derivative instruments) 60,55057,910 Total current assets 900,779832,347 Long-term restricted cash 11,6709,564 Property and equipment, net 968,946936,108 Operating lease right-of-use assets, net 110,26296,415 Goodwill 43,23143,197 Deferred tax assets 36,77236,618 Other non-current assets (includes $1,005 and $1,482 as of May 31, 2025 and August 31, 2024, respectively, for the fair value of derivative instruments) 65,91061,563 Investment in unconsolidated affiliates 6,8706,882 Total Assets $ 2,144,440$ 2,022,694 LIABILITIES AND EQUITYCurrent Liabilities:Short-term borrowings $ 18,676$ 8,007 Accounts payable 499,088485,961 Accrued salaries and benefits 49,28148,263 Deferred income 43,40338,079 Income taxes payable 4,0456,516 Other accrued expenses and other current liabilities (includes $425 and $1,179 as of May 31, 2025 and August 31, 2024, respectively, for the fair value of derivativeinstruments) 43,57150,035 Operating lease liabilities, current portion 7,3567,370 Dividends payable 19,411— Long-term debt, current portion 16,95535,917 Total current liabilities 701,786680,148 Deferred tax liability 1,2481,644 Long-term income taxes payable, net of current portion 4,6444,762 Long-term operating lease liabilities 118,912103,890 Long-term debt, net of current portion 86,17094,443 Other long-term liabilities (includes $3,856 and $2,100 for the fair value of derivativeinstruments and $13,631 and $12,742 for post-employment plans as of May 31, 2025and August 31, 2024, respectively) 17,48714,842 Total Liabilities 930,247899,729 Stockholders' Equity:Common stock $0.0001 par value, 45,000,000 shares authorized; 32,688,210 and 32,570,858 shares issued and 30,753,891 and 30,635,556 shares outstanding (net of treasury shares) as of May 31, 2025 and August 31, 2024, respectively 33 Additional paid-in capital 524,348514,542 Accumulated other comprehensive loss (158,870)(164,590) Retained earnings 967,831890,272 Less: treasury stock at cost, 1,934,319 shares as of May 31, 2025 and 1,935,302 shares as of August 31, 2024 (119,119)(117,262) Total Stockholders' Equity 1,214,1931,122,965 Total Liabilities and Equity $ 2,144,440$ 2,022,694 Reconciliation of Non-GAAP Financial Measures The following tables calculate the Company's adjusted EBITDA, net merchandise sales - constant currency and comparable net merchandise sales - constant currency, all of which are considered non-GAAP financial measures. Generally, a non-GAAP financial measure is a numerical measure of a company's performance, financial position or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. These measures are customary for our industry and commonly used by competitors. However, these non-GAAP financial measures should not be reviewed in isolation or considered as an alternative to any other performance measure derived in accordance with GAAP and may not be comparable to similarly titled measures used by other companies in our industry or across different industries. Adjusted EBITDA Adjusted EBITDA is defined as net income before interest expense, provision for income taxes and depreciation and amortization, adjusted for the impact of certain other items, including interest income and other income (expense), net. The following is a reconciliation of our Net income to Adjusted EBITDA for the periods presented:Three Months EndedNine Months Ended (Amounts in thousands) May 31,2025May 31,2024May 31,2025May 31,2024 Net income as reported $ 35,158$ 32,489$ 116,346$ 109,807 Adjustments:Interest expense 2,7623,5797,9959,688 Provision for income taxes 13,91714,48343,79749,895 Depreciation and amortization 22,75721,12965,38661,114 Interest income (2,486)(2,521)(7,441)(8,612) Other expense, net (1) 6,8881,88219,05011,044 Adjusted EBITDA $ 78,996$ 71,041$ 245,133$ 232,936 (1) Primarily consists of transaction costs of converting the local currencies into available tradable currencies in some of our countries with liquidity issues and foreign currency losses or gains due to the revaluation of monetary assets and liabilities (primarily U.S. dollars) for the three and nine months ended May 31, 2025 and 2024. Net Merchandise Sales - Constant Currency and Comparable Net Merchandise Sales – Constant Currency As a multinational enterprise, we are exposed to changes in foreign currency exchange rates. The translation of the operations of our foreign-based entities from their local currencies into U.S. dollars is sensitive to changes in foreign currency exchange rates and can have a significant impact on our reported financial results. We believe that constant currency is a useful measure, indicating the actual growth of our operations. When we use the term "net merchandise sales - constant currency," it means that we have translated current year net merchandise sales at prior year monthly average exchanges rates. Net merchandise sales - constant currency results exclude the effects of foreign currency translation. Similarly, when we use the term "comparable net merchandise sales - constant currency," it means that we have translated current year comparable net merchandise sales at prior year monthly average exchanges rates. Comparable net merchandise sales - constant currency results exclude the effects of foreign currency translation. Net merchandise sales growth rate on a net merchandise sales - constant currency basis is calculated as follows:May 31, 2025Three Months EndedNine Months Ended (Amounts in thousands, except % growth) Net merchandise sales% GrowthNet Merchandise Sales% Growth Net merchandise sales $ 1,289,9978.0 %$ 3,848,4117.2 % Unfavorable impact of foreign currency exchange (18,591)(1.5) %(37,998)(1.0) % Net merchandise sales on a constant-currency basis $ 1,308,5889.5 %$ 3,886,4098.2 % Comparable net merchandise sales growth rate on a net merchandise sales - constant currency basis is calculated as follows:June 1, 2025Thirteen Weeks Ended Thirty-Nine WeeksEnded% Growth% Growth Comparable net merchandise sales 7.0 %6.5 % Unfavorable impact of foreign currency exchange (1.5) %(1.1) % Comparable net merchandise sales on a constant-currency basis 8.5 %7.6 % View original content to download multimedia: SOURCE PriceSmart, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
Warehouse Club Industry Guide 2025: Meeting BJ's, Costco, PriceSmart, and Sam's Club Requirements
Unlock success in warehouse club sales with the 2025 Guide, covering BJ's, Costco, PriceSmart, and Sam's Club buyer requirements. Essential for suppliers targeting markets in the US, Canada, UK, Japan, Australia, and more. Understand buyer needs to thrive globally. Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "Warehouse Club Industry Guide" has been added to offering. For businesses aiming to succeed in the competitive realm of warehouse clubs such as BJ's, Costco, PriceSmart, or Sam's Club, understanding the intricate needs and expectations of their buyers is crucial. The 2025 Guide is crafted to empower suppliers and brokers by providing comprehensive insights and strategies tailored to increase your negotiation effectiveness and readiness before engaging with these pivotal buyers. Warehouse club buyers have specific criteria and detailed requirements, and meeting their expectations is essential for any successful partnership. They seek collaborators who can clearly demonstrate an understanding of their business model and supply chain demands. The 2025 Guide addresses these factors, providing actionable information to optimize your preparations and enhance your communication during meetings. Expanding your reach across various global markets is another facet of the guide, which covers countries with thriving warehouse club operations. This includes regions such as the United States, Canada, Mexico, and the United Kingdom. Additionally, the guide provides insights into European markets like Spain, France, and Iceland as well as the rapidly growing Asian markets in Japan, Korea, Taiwan, and China. The guide is not confined to these regions alone. Those looking to expand in the Caribbean and Latin American markets will find valuable information on territories such as Aruba, Barbados, the Dominican Republic, Jamaica, Trinidad & Tobago, and the United States Virgin Islands. Further details cater to Central American markets including Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Not to be overlooked, South American insights are available for Colombia, amplifying your market penetration across continents. Utilizing knowledge from the 2025 Guide positions your business strategically, streamlining your efforts to forge successful relationships with major warehouse club buyers. The success of your meetings hinges on preparation; hence, consider the guide your essential tool to navigate the complexities of supplying to renowned warehouse clubs. Ensure your readiness and bolster your negotiation strategies ahead of future meetings with warehouse club buyers. The 2025 Guide stands as your definitive resource in a ever-evolving industry landscape, tailored for those dedicated to excellence and growth in the dynamic world of warehouse club sales. Key Topics Covered: INDUSTRY OVERVIEW What is a club? Historical Quotes Club Sales Data PROGRAMS, OPERATIONS Understanding Club Buyers Pricing Concepts Product Development COSTCO WHOLESALE Costco Profile Costco Buying and Operating Costco Financials SAM'S CLUB Sam's Club Profile Sam's Club Buying and Operating Sam's Club Financials BJ'S WHOLESALE BJ's Profile BJ's Buying and Operating BJ's Financials COST-U-LESS Cost-U-Less Profile Cost-U-Less Buying and Operating Cost-U-Less Locations PRICESMART PriceSmart Profile PriceSmart Buying and Operating PriceSmart Financials FINANCIAL PAST, FUTURE Yearly Financial History Club Industry Future For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
