PriceSmart (PSMT) Jan. Comps Fell 0.3%
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PriceSmart Announces January Sales
February 5, 2016 8:00 AM ESTSAN DIEGO, CA -- (Marketwired) -- 02/05/16 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of January 2016, net sales increased 3.3% to $226.4 million from $219.2 million in January a year earlier. For the five months ended January 31, 2016, net sales increased 6.3% to $1,236.3 million from $1,163.4 million in the same period last year. There were 38 warehouse clubs in operation at the end of January 2016 compared to 36 warehouse clubs in operation in January 2015.
For the four weeks ended January 31, 2016, comparable warehouse sales for the 35 warehouse clubs open at least 13 1/2 full months decreased 0.3% compared to the same four-week... More
PriceSmart Announces Semi-Annual Dividend
February 4, 2016 4:00 PM ESTSAN DIEGO, CA -- (Marketwired) -- 02/04/16 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that on February 3, 2016 its Board of Directors has declared cash dividends in the total amount of $0.70 per share, with $0.35 per share payable on February 29, 2016 to stockholders of record as of the close of business on February 15, 2016 and $0.35 per share payable on August 31, 2016 to stockholders of record as of the close of business on August 15, 2016. The Company anticipates the ongoing payment of semi-annual dividends in subsequent periods, although the actual declaration of future dividends, the amount of such dividends, and the... More
