PriceSmart reports comparable warehouse sales up 8.9% for five weeks end Mar. 3 PriceSmart announced that for the month of February, net sales increased 7.8% to $164.7M. For the five weeks ended March 3, comparable warehouse sales for the 29 warehouse clubs open at least 13 1/2 full months increased 8.9% compared to the same five-week period last year. The company also announced that in February it acquired approximately 21,200 square meters of land located in southern Tegucigalpa, Honduras, upon which PriceSmart plans to construct its third Membership Warehouse Club in Honduras. PriceSmart currently anticipates opening the southern Tegucigalpa club in the spring of 2014.
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