NASDAQ$PSMT
Pricesmart Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported a growth in net merchandise sales and comparable net merchandise sales with increased earnings per diluted share.
PriceSmart's first quarter of fiscal year 2024 shows positive financial performance. Total revenues increased by 10.6% to $1.17 billion, and net income rose by 15.5% to $38.0 million, resulting in earnings per diluted share of $1.24. Comparable net merchandise sales increased by 8.0%.
- Total revenues increased by 10.6% to $1.17 billion.
- Net merchandise sales increased by 10.7% to $1.14 billion.
- Comparable net merchandise sales increased by 8.0%.
- Net income increased 15.5% to $38.0 million, or $1.24 per diluted share.
Headline financials
Revenue & EPS history
Pricesmart · Revenue · Quarterly
$1.17B
Revenue by segment
Pricesmart · $1.12B total across 4 segments · Q4 2023
- Net Merch. Sales$1.09B+10.0%97.4%
- Membership Income$17.2M+10.6%1.5%
- Export Sales$8.05M-36.1%0.7%
- Other Revenue$3.92M—0.4%
Forward guidance
The press release may contain forward-looking statements concerning PriceSmart, Inc.'s anticipated future revenues and earnings, adequacy of future cash flows, omni-channel initiatives, proposed warehouse club openings, the Company's performance relative to competitors and related matters.
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 2024
-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
| Quarter | Report date | Reaction (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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