PSMT
PriceSmart, Inc.128.77
-1.09-0.84%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.98BP/E (TTM)
26.72Basic EPS (TTM)
4.82Dividend Yield
0.01%Recent Filings
10-K
8-K
8-K
Q3 sales up 8%, eyeing Chile
PriceSmart reported fiscal 2025 third-quarter net merchandise sales up 8.0% to $1.29 billion, with comparable sales rising 7.0%, though foreign exchange headwinds shaved 1.5%. Operating income climbed to $56.2 million, driving net income of $35.2 million or $1.14 per diluted share. Expansion eyes Chile. Solid growth persists.
10-Q
Q3 FY2025 results
PriceSmart's Q3 FY2025 results showed solid momentum, with total revenues up 7.1% y/y to $1.32B and net merchandise sales rising 8.0% y/y (9.5% constant currency) to $1.29B, driven by 6.0% transaction growth and 1.9% higher average ticket across 55 clubs. Operating income climbed 12.7% y/y to $56.2M, lifting margins to 15.8% from 15.6%, while diluted EPS held steady at $1.14 on 30.1M shares, reconciling cleanly with net income of $35.2M. Central America (60.8% of sales) and Caribbean (27.5%) fueled gains, though Colombia's 10.1% y/y sales jump masked 9.2% currency drag. Cash swelled to $168.0M with $179.2M operating cash flow (up 8.1% y/y), yielding $77.4M free cash flow after $101.6M capex; total debt eased to $122.0M with $152.3M revolver availability and no covenant issues. Yet foreign exchange volatility, especially in Colombia and the Dominican Republic, remains a persistent drag on reported figures.
8-K
PriceSmart names new CFO
PriceSmart appointed Gualberto Hernandez as Executive Vice President and Chief Financial Officer effective June 1, 2025, succeeding Michael McCleary, who resigned by mutual agreement but will stay on as Executive Vice President through September 30, 2025, followed by three months of consulting up to 40 hours monthly. Hernandez, 61, brings extensive Latin America finance experience from Estée Lauder and Sephora, with a $720,000 base salary, $180,000 target bonus, $4.5 million stock award, and $150,000 sign-on bonus. McCleary receives $721,000 severance and continued equity vesting for 12,074 shares. Smooth handover bolsters regional expertise amid warehouse expansion.
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