Earnings Releases·Oct 26, 2026, 4:10 PM ET

PriceSmart — Fiscal 2026 Fourth Quarter Earnings Summary

Total revenues rose 13.9% year-over-year to $1.52 billion for the quarter and 11.5% to $5.88 billion year-to-date, driven by a 13.8% increase in net merchandise sales and a 12.2% rise in comparable sales for clubs open over 13.5 months.
Net income increased 19.3% to $37.6 million ($1.21 per diluted share) in the quarter and 12.6% to $166.6 million ($5.40 per diluted share) for the full fiscal year, while operating income grew to $57.0 million and $261.0 million respectively.
The company expanded its footprint to 59 clubs across 12 countries and one U.S. territory, opening a third location in Jamaica in October 2026 and planning four additional openings in Jamaica, Guatemala, Costa Rica, and Chile by spring 2027 to reach 63 total clubs.
Balance sheet improvements included a reduction in long-term debt to $103.0 million from $147.9 million, an increase in total stockholders' equity to $1.46 billion, and a rise in short-term investments to $111.4 million.