NASDAQ$PSMT

Pricesmart Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Pricesmart's Q4 2021 results showed revenue growth and a strong membership renewal rate.

PriceSmart reported a 12.2% increase in total revenues to $909.6 million for the fourth quarter of fiscal year 2021. Net income attributable to PriceSmart was $19.5 million, or $0.63 per diluted share. Net merchandise sales increased by 12.7%, and comparable net merchandise sales grew by 10.3%. The membership renewal rate for the trailing 12 months was 89.6%.

  • Net merchandise sales grew by 12.7% in the fiscal fourth quarter.
  • Comparable net merchandise sales increased by 10.3%.
  • Operating income increased to $32.5 million.
  • Membership renewal rate reached 89.6%.

Headline financials

Total Revenue

$910M

Previous: $811M+12.2%
EPS (adj)

$0.63

Previous: $0.65-3.1%
Capital Expenditures

$39.8M

Previous: $10.6M+275.5%
Free Cash Flow

$7.38M

Previous: $74.5M-90.1%
Net Income

$19.4M

Previous: $20.1M-3.4%
Operating Income

$32.5M

Previous: $29M+12.0%
Gross Profit

$161M

Previous: $140M+15.4%
Cash & Equivalents

$202M

Previous: $299M-32.5%
Total Assets

$1.71B

Previous: $1.66B+3.0%
Stock-Based Comp

$5.2M

Previous: $3.84M+35.5%

Revenue & EPS history

Pricesmart · Revenue · Quarterly

$910M

Q4 2021+12.2%vs Q4 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Pricesmart · $910M total across 4 segments · Q4 2021

  • Net Merch. Sales
    $871M
  • Membership Income
    $14.6M
  • Other Revenue
    $13.1M
  • Export Sales
    $10.7M

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 Q4 2021

Historical avgQ4 2021

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro