PriceSmart Q3 net income rises 12.9% to $39.7 million; revenue up 12.5%
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing 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 July 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.