NASDAQ$PSMT

Pricesmart Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Pricesmart's first quarter earnings increased compared to the prior year, driven by revenue growth and improved operating income.

PriceSmart reported a 4.1% increase in total revenues, reaching $811.9 million for the first quarter of fiscal year 2020. Net income attributable to PriceSmart was $19.7 million, or $0.64 per diluted share, compared to $14.6 million, or $0.48 per diluted share, in the prior year. The company had 45 clubs in operation as of November 30, 2019, compared to 41 warehouse clubs in operation as of November 30, 2018.

  • Total revenues increased by 4.1% to $811.9 million.
  • Net merchandise sales rose by 4.2% to $778.7 million.
  • Comparable net merchandise sales increased by 1.0%.
  • Net income attributable to PriceSmart was $19.7 million, or $0.64 per diluted share.

Headline financials

Total Revenue

$812M

Previous: $780M+4.1%
EPS (adj)

$0.64

Previous: $0.69-7.2%
Capital Expenditures

-$37.6M

Previous: -$35.7M-5.4%
Net Income

$19.7M

Previous: $14.6M+34.9%
Operating Income

$30.7M

Previous: $24.7M+24.5%
Gross Profit

$137M

Previous: $780M-82.4%
Stock-Based Comp

$3.4M

Previous: $6.05M-43.8%

Revenue & EPS history

Pricesmart · Revenue · Quarterly

$812M

Q1 2020+4.1%vs Q1 2019
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

Pricesmart · $1.12B total across 4 segments · Q4 2023

  • Net Merch. Sales
    $1.09B+10.0%
  • Membership Income
    $17.2M+10.6%
  • Export Sales
    $8.05M-36.1%
  • Other Revenue
    $3.92M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.9%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+0.5%

Avg return

30 days after

50%

33 / 66 earnings

Positive

+15.4%

Q2 2020

Best reaction

-15.5%

Q1 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+3.0%+0.0%+1.0%
Q1 2026+4.5%+7.2%+22.9%
Q4 2025-4.8%-3.0%+0.2%
Q3 2025+0.7%+0.8%+1.3%
Q2 2025+7.0%+6.8%+21.8%
Q1 2025-3.2%-8.0%-0.6%
Q4 2024-8.0%-5.0%-0.6%
Q3 2024+2.6%+7.8%+5.7%
Q2 2024-3.6%-4.9%+2.2%
Q1 2024+4.5%+5.2%+6.9%
Q4 2023-13.4%-7.4%-6.3%
Q3 2023+2.3%+0.8%+2.3%
Q2 2023+12.6%+8.8%+2.1%
Q1 2023+8.4%+11.6%+17.6%
Q4 2022+6.6%+8.6%+10.7%
Q3 2022-9.9%-9.0%-11.8%
Q2 2022+10.9%+4.0%-1.4%
Q1 2022+2.1%+2.6%-6.0%
Q4 2021-5.3%-9.2%-0.6%
Q3 2021+4.8%+3.6%-2.1%
Q2 2021-6.4%-6.5%-7.2%
Q1 2021+1.9%+1.5%+2.0%
Q4 2020-4.6%-4.9%+13.1%
Q3 2020+6.4%+8.3%+12.1%
Q2 2020+15.4%+11.2%-3.0%
Q1 2020-6.9%-5.8%-10.0%
Q4 2019+3.9%+6.2%+3.8%
Q3 2019+5.6%+14.3%+10.4%
Q2 2019+6.3%+2.8%-4.1%
Q1 2019+3.3%+3.9%-4.6%
Q4 2018-14.6%-15.7%-18.9%
Q3 2018-8.7%-14.7%-9.8%
Q2 2018+5.2%+5.1%-1.6%
Q1 2018-6.0%-4.7%-2.9%
Q4 2017-3.4%-7.0%-9.5%
Q3 2017-7.6%-7.7%-4.5%
Q2 2017-5.3%-5.3%-4.2%
Q1 2017+5.0%+1.3%+6.3%
Q4 2016+3.4%+2.0%+4.9%
Q3 2016-11.6%-11.3%-16.7%
Q2 2016-2.2%
Q1 2016-5.7%
Q4 2015+2.1%
Q3 2015+3.7%
Q2 2015-3.5%
Q1 2015-8.4%
Q4 2014+0.0%
Q3 2014-1.2%
Q2 2014-10.7%
Q1 2014-10.3%
Q4 2013+9.7%
Q3 2013-3.0%
Q2 2013+5.5%
Q1 2013+2.1%
Q4 2012+6.3%
Q3 2012+5.5%
Q2 2012+3.2%
Q1 2011-2.6%
Q1 2012-15.5%
Q4 2011-11.6%
Q2 2011-11.6%
Q4 2009-4.2%
Q3 2011-4.2%
Q3 2010-4.2%
Q4 2010-4.2%
Q2 2010+1.2%

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