PriceSmart (PSMT) Misses Q1 EPS by 2c
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PriceSmart Announces First Quarter Results of Operations for Fiscal Year 2017
January 5, 2017 4:00 PM ESTSAN DIEGO, CA -- (Marketwired) -- 01/05/17 -- PriceSmart, Inc. (NASDAQ: PSMT) today announced its results of operations for the first quarter of fiscal year 2017 which ended on November 30, 2016.
For the first quarter of fiscal year 2017, net warehouse club sales increased 3.7% to $716.1 million from $690.8 million in the first quarter of fiscal year 2016. Total revenues for the first quarter of fiscal year 2017 were $739.6 million compared to $711.9 million in the first quarter of the prior year. The Company had 39 clubs in operation as of November 30, 2016, compared to 38 warehouse clubs in operation as of November 30, 2015.
The... More
