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PriceSmart Revenue Tops Estimates as Earnings Per Share Trails

Revenue rose 13.9% year over year, and PriceSmart said currency movements added $78.460 million to merchandise sales.

Updated 2 min read
Shoppers pass stacked bulk goods inside a warehouse club in Escazú, Costa Rica. / EconoTimes.ai
Shoppers pass stacked bulk goods inside a warehouse club in Escazú, Costa Rica. / EconoTimes.ai

PriceSmart’s fiscal fourth-quarter revenue exceeded estimates cited by three financial outlets, while its diluted earnings per share fell below each outlet’s benchmark for the quarter ended Aug. 31.

PriceSmart announced its results Oct. 26. For fiscal 2026’s fourth quarter, total revenue reached $1.516 billion, compared with $1.331 billion a year earlier, a 13.9% increase. Diluted earnings per share rose to $1.21 from $1.02. The company marked its income statement unaudited.

Before the results, Benzinga reported expectations of $1.46 billion in revenue and $1.22 per share in earnings. Investing.com cited estimates of $1.44 billion and $1.26 per share, while MarketBeat listed $1.46 billion and $1.27 per share. Revenue surpassed each outlet’s cited figure; against Benzinga’s estimate, the difference was about $56 million. Earnings per share fell $0.01 below Benzinga’s figure, $0.05 below Investing.com’s and $0.06 below MarketBeat’s.

Net income increased 19.3% to $37.638 million from $31.541 million in the year-earlier quarter. Adjusted EBITDA, a non-GAAP measure, was $83.504 million, up from $75.544 million. Both figures came from the company’s unaudited results.

Net merchandise sales totaled $1.483 billion, a 13.8% increase. PriceSmart said foreign-exchange movements contributed $78.460 million, or 6%, to merchandise sales compared with the year-earlier quarter. With currency movements excluded, sales growth was 7.8%. Comparable net merchandise sales rose 12.2% at 55 clubs open for more than 13½ calendar months; on a constant-currency basis, that increase was 6.2%.

PriceSmart said it operated 59 warehouse clubs in 12 countries and one U.S. territory. The company scheduled a conference call on its results for noon ET on Oct. 27.

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