PriceSmart Q2 net income rises 12.2% to $49.1 million; revenue up 9.7%
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.
Key points
- 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
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 April 08, 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.