Every material Form 8-K PriceSmart filed with the SEC in 2025, 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 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.
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 →