PriceSmart Q4 revenue and net income rise on favorable FX, club expansion
PSMT•PriceSmart's fiscal fourth-quarter revenue grew 13.9% year over year, while net income rose 19% to $37.64 million and diluted EPS was $1.21. The company plans to open four clubs by spring 2027 and expects to operate 63 clubs after the openings.
1. Quarterly results
PriceSmart reported fiscal fourth-quarter net income of $37.64 million, up 19% year over year, and diluted EPS of $1.21. Revenue grew 13.9%. The company said foreign exchange contributed $78.5 million, or 6.0%, to net merchandise sales, while membership income rose to $27.2 million from $22.6 million a year earlier.
2. Club expansion
PriceSmart opened its third warehouse club in Jamaica during October 2026. It plans to open four new clubs by spring 2027 and expects to operate 63 clubs after openings in Jamaica, Guatemala, Costa Rica and Chile.
