NASDAQ$PSMT
Pricesmart Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Pricesmart's Q2 2024 performance showed revenue growth and increased profitability.
PriceSmart reported a 13.1% increase in total revenues, reaching $1.29 billion. Net income rose by 25.3% to $39.3 million, with earnings per diluted share at $1.31. Comparable net merchandise sales increased by 8.8%.
- Total revenues increased by 13.1% to $1.29 billion.
- Net merchandise sales grew by 13.0% to $1.26 billion.
- Comparable net merchandise sales increased by 8.8%.
- Net income increased 25.3% to $39.3 million, or $1.31 per diluted share.
Headline financials
Revenue & EPS history
Pricesmart · Revenue · Quarterly
$1.29B
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
PriceSmart plans to open its ninth warehouse club in Costa Rica in early 2025.
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 Q2 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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