Every material Form 8-K PriceSmart has filed with the SEC since January 09, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PriceSmart reported fourth quarter fiscal 2026 results for the period ended August 31, 2026. Total revenues rose 13.9% to $1.52 billion and net income rose 19.3% to $37.6 million, or $1.21 per diluted share, from $1.02 a year earlier, with about 6.0 percentage points of the sales growth attributed to favorable currency effects. The company also reported it opened its third Jamaica club in October 2026.
Q4 net income $37.6 million, or $1.21 per diluted share, versus $31.5 million, or $1.02, a year earlier
Q4 total revenues $1.52 billion, up 13.9%; net merchandise sales up 13.8%, or 7.8% in constant currency
Full-year fiscal 2026 net income $166.6 million, or $5.40 per diluted share, up 12.6%
Third warehouse club in Jamaica opened in October 2026; 58 clubs in operation as of August 31, 2026
PriceSmart reported fiscal third-quarter 2026 results for the period ended May 31, 2026, with total revenues up 12.5% to $1.48 billion and net income up 12.9% to $39.7 million, or $1.28 per diluted share. Both revenue and profit improved from the prior-year quarter, and the company said it has leased a site for its first club in Chile and bought land for an eleventh club in Costa Rica, both expected to open in spring 2027.
Total revenues rose 12.5% to $1.48 billion, from $1.32 billion a year earlier.
Net income rose 12.9% to $39.7 million, or $1.28 per diluted share, versus $1.14 per diluted share in the prior-year quarter.
Comparable net merchandise sales rose 10.7% for the 13-week period; constant-currency growth was 6.9%.
First Chile club in Las Condes, Santiago, is planned for spring 2027; the eleventh Costa Rica club is also planned for spring 2027.
PriceSmart reported fiscal second-quarter 2026 results for the period ended February 28, 2026. Total revenues rose 9.7% to $1.50 billion, and net income rose 12.2% to $49.1 million, or $1.62 per diluted share, compared with $1.45 a year earlier. The company also said it plans an eighth warehouse club in Guatemala, anticipated to open in spring 2027, subject to permits.
Total revenues increased 9.7% to $1.50 billion from $1.36 billion a year earlier
Net income increased 12.2% to $49.1 million, or $1.62 per diluted share, versus $1.45 per diluted share
Comparable net merchandise sales rose 7.6%, or 5.5% on a constant-currency basis, for the 13 weeks ended March 1, 2026
Guatemala club in Villa Nueva is anticipated to open in spring 2027; the company will operate 61 clubs once five new clubs open
At its February 5, 2026 annual meeting, PriceSmart stockholders re-elected all 11 board nominees, approved on an advisory basis the pay of named executive officers for fiscal 2025, and ratified Ernst & Young LLP as auditor for the fiscal year ending August 31, 2026. The same day, the board declared an annual cash dividend of $1.40 per share, paid in two installments, which sets the income return for shareholders of record. The board said future dividends remain subject to its review of financial performance, capital needs and macroeconomic conditions.
Eleven directors re-elected, including Robert E. Price and David N. Price; no nominee was rejected in the filing
Say-on-pay proposal: 28,290,908 votes for and 413,826 against, with 10,453 abstentions and 793,761 broker non-votes
Auditor ratification: 29,255,505 votes for, 245,750 against and 7,693 abstentions
Dividend of $1.40 per share: $0.70 payable February 27, 2026 (record date February 17, 2026) and $0.70 payable August 31, 2026 (record date August 17, 2026)
PriceSmart reported fiscal first quarter 2026 results for the period ended November 30, 2025. Total revenues rose 9.9% to $1.38 billion and net income rose 7.3% to $40.2 million, or $1.29 per diluted share, compared with $1.21 a year earlier, while comparable net merchandise sales increased 8.0%.
Total revenues increased 9.9% to $1.38 billion from $1.26 billion a year earlier.
Net income was $40.2 million, or $1.29 per diluted share, versus $37.4 million, or $1.21 per diluted share.
Comparable net merchandise sales rose 8.0%, or 6.9% in constant currency; the company had 56 warehouse clubs at November 30, 2025, up from 54.
The company has purchased land for a tenth Costa Rica club in Ciudad Quesada, expected to open in fall 2026.
PriceSmart reported fiscal fourth-quarter 2025 results for the period ended August 31, 2025, with total revenues up 8.6% to $1.33 billion and net income up 8.5% to $31.5 million. Diluted earnings per share were $1.02, compared with $0.94 a year earlier. The company also said it plans new warehouse clubs in Jamaica and the Dominican Republic, bringing its total to 59 once open.
Q4 fiscal 2025 net merchandise sales rose 9.2% to $1.30 billion; comparable net merchandise sales rose 7.5%.
Full-year fiscal 2025 net income was $147.9 million, or $4.82 per diluted share, up 6.5% from $138.9 million.
Operating income for the quarter was $52.8 million, up from $49.2 million a year earlier.
Three new clubs are planned: La Romana (spring 2026), Montego Bay (summer 2026) and South Camp Road (fall 2026).
PriceSmart reported fiscal third-quarter 2025 results for the period ended May 31, 2025, with total revenues up 7.1% to $1.32 billion and net income up 8.2% to $35.2 million, or $1.14 per diluted share. The company also said it is evaluating Chile as a potential new market, with no sites or permits confirmed in the filing.
Total revenues rose 7.1% to $1.32 billion versus $1.23 billion a year earlier.
Net income rose 8.2% to $35.2 million, or $1.14 per diluted share, versus $1.08 a year earlier.
Comparable net merchandise sales increased 7.0% for the 13 weeks ended June 1, 2025.
The company is evaluating Chile as a potential new market and has hired local consultants.
PriceSmart appointed Gualberto Hernandez as Executive Vice President and Chief Financial Officer effective June 1, 2025, replacing Michael McCleary, who resigned by mutual agreement. The filing sets out Hernandez's pay package and McCleary's separation terms, which include severance of $721,000 and a transition period through September 30, 2025.
Gualberto Hernandez becomes EVP and CFO effective June 1, 2025, with a base salary of $720,000 and a target annual bonus of $180,000.
Hernandez's initial stock award has an initial value of $4,500,000, and he receives a $150,000 cash sign-on bonus.
Michael McCleary resigned by mutual agreement and remains an EVP through September 30, 2025, then provides up to 40 hours per month of consulting for three months.
McCleary will receive severance of $721,000, payable over one year, plus 12,074 restricted stock and performance stock unit shares that continue to vest.
PriceSmart reported fiscal second-quarter 2025 results for the period ended February 28, 2025, with total revenues up 5.6% to $1.36 billion and net income up 11.4% to $43.8 million, or $1.45 per diluted share, versus $1.31 a year earlier. The filing also notes the opening of a ninth warehouse club in Costa Rica, bringing the company to 55 clubs.
Total revenues rose 5.6% to $1.36 billion; net merchandise sales rose 5.8% to $1.33 billion
Net income rose 11.4% to $43.8 million, or $1.45 per diluted share, versus $1.31 a year earlier
Six-month net income rose 5.0% to $81.2 million, or $2.66 per diluted share
Conference call scheduled for 12:00 p.m. Eastern time on April 10, 2025
PriceSmart said Robert Price will step down as interim CEO effective August 31, 2025, and his son David Price will become CEO effective September 1, 2025. Robert Price will become Executive Chairman of the Board. The filing does not disclose any change to David Price's compensation, which the company says will be set later.
Robert Price, interim CEO since February 2023, steps down August 31, 2025 and becomes Executive Chairman
David Price, EVP and Chief Transformation Officer and a board member since February 2022, becomes CEO September 1, 2025
Compensation for David Price will be adjusted; the company will file an 8-K amendment once it is determined and approved
The filing discloses about $336,000 of supply sales to Price Philanthropies Foundation and a $150,000 contribution to PriceSmart Foundation, both tied to David Price's roles
At its February 6, 2025 annual meeting, PriceSmart stockholders re-elected all 11 board nominees, approved an advisory say-on-pay vote, approved a 750,000-share increase to the equity incentive plan, and ratified Ernst & Young as auditor. The board also declared an annual cash dividend of $1.26 per share, payable in two installments, and said future dividends remain subject to its discretion.
Annual meeting held February 6, 2025; all 11 director nominees re-elected
Equity incentive plan amended to add 750,000 shares available for awards; 26,175,038 votes for versus 2,077,916 against
Annual dividend of $1.26 per share: $0.63 payable February 28, 2025 (record date February 18, 2025) and $0.63 payable August 29, 2025 (record date August 15, 2025)
PriceSmart reported fiscal first-quarter 2025 results for the quarter ended November 30, 2024. Total revenues grew 7.8% to $1.26 billion, but net income fell 1.6% to $37.4 million, or $1.21 per diluted share, compared with $1.24 a year earlier, so shareholders saw higher sales without higher per-share profit.
Total revenues rose 7.8% to $1.26 billion from $1.17 billion a year earlier.
Net income decreased 1.6% to $37.4 million, or $1.21 per diluted share, versus $38.0 million, or $1.24 per diluted share.
Comparable net merchandise sales rose 5.7% for 52 clubs; the company had 54 warehouse clubs in operation versus 53 a year earlier.
Adjusted EBITDA was $79.1 million compared with $77.8 million; management will hold a conference call on January 10, 2025.
PriceSmart reported fourth-quarter fiscal 2024 revenue up 9.6% to $1.23 billion and net income up 89.0% to $29.1 million, or $0.94 per diluted share, compared with $0.49 a year earlier, when results included a $9.2 million minimum tax settlement and a $5.7 million asset impairment charge. For full fiscal 2024, net income rose 27.2% to $138.9 million, or $4.57 per diluted share. The company also plans a seventh warehouse club in Guatemala, which would bring its total to 56 clubs once open in summer 2025.
Q4 fiscal 2024 total revenues rose 9.6% to $1.23 billion; net merchandise sales rose 9.5% to $1.19 billion
Q4 fiscal 2024 diluted EPS was $0.94, versus $0.49 in the prior-year quarter
Fiscal 2024 total revenues rose 11.4% to $4.91 billion; operating income was $220.9 million
Guatemala club in Quetzaltenango expected to open in summer 2025; conference call on October 31, 2024 at 12:00 p.m. Eastern
PriceSmart reported fiscal third-quarter 2024 results for the quarter ended May 31, 2024, with total revenues up 12.1% to $1.23 billion and net income up 9.9% to $32.5 million, or $1.08 per diluted share. Net income for the first nine months rose 17.0% to $109.8 million, or $3.62 per diluted share, showing growth in both periods for shareholders.
Q3 total revenues rose 12.1% to $1.23 billion; net merchandise sales rose 11.6% to $1.19 billion.
Q3 operating income was $49.9 million, up from $43.1 million a year earlier.
Q3 adjusted EBITDA was $71.0 million, compared with $63.9 million in the prior-year quarter.
Comparable net merchandise sales rose 7.8% for the 13 weeks ended June 2, 2024; foreign currency added 2.2 points.
PriceSmart reported fiscal second quarter 2024 results ended February 29, 2024, with total revenues up 13.1% to $1.29 billion and net income up 25.3% to $39.3 million, or $1.31 per diluted share. The Board also declared a one-time $1.00 per share special dividend payable April 30, 2024, to holders of record on April 19, 2024, which returns excess cash to shareholders.
Q2 total revenues rose 13.1% to $1.29 billion; net income rose 25.3% to $39.3 million, or $1.31 per diluted share, versus $1.02 a year earlier
PriceSmart reported first quarter fiscal 2024 results for the quarter ended November 30, 2023, with total revenues up 10.6% to $1.17 billion and net income up 15.5% to $38.0 million, or $1.24 per diluted share, versus $1.05 a year earlier. The results show growth in both sales and profit, though part of the sales gain came from favorable currency effects; the filing contains no guidance.
Total revenues rose 10.6% to $1.17 billion; net merchandise sales rose 10.7% to $1.14 billion
Net merchandise sales grew 6.8% on a constant-currency basis; currency added 3.9 percentage points
Net income was $38.0 million, or $1.24 per diluted share, versus $32.9 million, or $1.05, a year earlier
Adjusted EBITDA was $77.8 million versus $75.2 million; the company will host a conference call on January 10, 2024 at 12:00 p.m. Eastern time
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