PriceSmart (PSMT) Announces November Comps Decline 2.8%

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Go back to PriceSmart (PSMT) Announces November Comps Decline 2.8%

PriceSmart Announces November Sales; also announces Earnings Release and Conference Call Dates for First Quarter Fiscal Year 2019 Financial Results

December 7, 2018 8:02 AM EST

SAN DIEGO, Dec. 7, 2018 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of November 2018, net merchandise sales decreased 1.0% to $258.9 million from $261.5 million in November a year earlier. For the three months ended November 30, 2018, net sales increased 0.3% to $747.4 million from $745.4 million in the same period last year. There were 41 warehouse clubs in operation at the end of November 2018 compared to 40 warehouse clubs in operation in November 2017.

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