PriceSmart Q1 net income rises 7.3% to $40.2 million; revenue up 9.9%
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%.
Key points
- 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.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 07, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.