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News Breaks | | | | March 7, 2013 | | 08:05 EDT |  | PSMT | 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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News For PSMT From The Last 14 Days Check below for free stories on PSMT the last two weeks. |
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| May 7, 2013 | | 08:19 EDT | | PSMT | PriceSmart reports April SSS up 9.6%
PriceSmart announced that for the month of April net sales increased 10.7% to $176.1M compared to April a year earlier. For the four-week period ended April 28, comparable sales for the 29 warehouse clubs open at least 13 1/2 full months increased 9.6%, compared to the four-week period last year. PriceSmart also announced that on May 3 the company successfully opened its third warehouse club in Colombia. | |
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