Every material Form 8-K PriceSmart filed with the SEC in 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 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
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PriceSmart filing is on SEC EDGAR ↗. 8-K briefs of other companies →