PriceSmart (PSMT) Comps Rose 0.5% in Sept. 2016
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PriceSmart Announces September Sales
October 7, 2016 8:00 AM EDTSAN DIEGO, CA -- (Marketwired) -- 10/07/16 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of September 2016 net sales increased 5.5% to $228.4 million, from $216.5 million in September a year earlier. There were 39 warehouse clubs in operation at the end of September 2016 and 37 warehouse clubs in operation at the end of September 2015.
For the four weeks ended October 2, 2016, comparable warehouse sales for the 37 warehouse clubs open at least 13 1/2 full months increased 0.5%, compared to the same four-week period last year.
PriceSmart plans to release fourth quarter fiscal year 2016 financial results on Thursday, October 27, 2016,... More
