Profile
Sector:
Consumer DefensiveIndustry:
Discount StoresCountry:
United StatesIPO:
02 September 1997Website:
http://www.pricesmart.comNext earnings report:
10 July 2024Last dividends:
18 April 2024Next dividends:
15 August 2024Price
after hours | Wed, 03 Jul 2024 17:01:14 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
PSMT Latest News
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
SAN DIEGO , June 3, 2024 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced the publication of its fiscal year 2023 Environmental and Social Responsibility (ESR) report. This comprehensive report provides information on PriceSmart's commitment to sustainability and positively impacting communities and the environment.
PriceSmart (PSMT) has the potential to generate high returns due to its strong growth characteristics.
PriceSmart (PSMT) has the potential to generate impressive profits due to its strong growth characteristics.
PriceSmart (PSMT) has been upgraded to a Zacks Rank #2 (Buy), indicating increased confidence in the company's earnings outlook. This could potentially lead to a rise in the stock price in the short run.
At Zacks, we prioritize the reliable Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong selections.
PriceSmart's NASDAQ: PSMT shares rose sharply following the Q2 results and outlook, but the gains were not sustained. Despite the concerning candlestick pattern, the subsequent pullback presents a compelling opportunity for investors and may be one of the best buys of the year.
PriceSmart, Inc. (PSMT) Q1 2024 Earnings Call Transcript
PriceSmart was expected to suffer an earnings decline last quarter. Instead, earnings grew 15.5%.
PriceSmart NASDAQ: PSMT, as good an investment as it is, has struggled to gain traction with price shares, but that struggle is ending. PriceSmart is well-positioned generally but specifically for 2024 because its business centers on EMs in Latin America, growing organically and building leverage via store count and membership growth.
What type of business is PriceSmart?
PriceSmart, Inc. is one of the largest warehouse club operators for customers in Central America and the Caribbean Basin, as well as in Colombia. PriceSmart began its operations in 1996 in San Diego, California. The company offers products in the following categories: - Food and consumer goods mainly consist of food products, cleaning supplies, health and beauty products, as well as canned goods. - Fresh products mainly consist of meat, deli, seafood, and poultry. - Hardlines mainly consist of electronics, appliances, equipment, sporting goods, and toys. - Softlines mainly consist of clothing, household goods, and furniture. - Other activities mainly consist of food courts, optics, tire centers, and other auxiliary services.
What sector is PriceSmart in?
PriceSmart is in the Consumer Defensive sector
What industry is PriceSmart in?
PriceSmart is in the Discount Stores industry
What country is PriceSmart from?
PriceSmart is headquartered in United States
When did PriceSmart go public?
PriceSmart initial public offering (IPO) was on 02 September 1997
What is PriceSmart website?
https://www.pricesmart.com
Is PriceSmart in the S&P 500?
No, PriceSmart is not included in the S&P 500 index
Is PriceSmart in the NASDAQ 100?
No, PriceSmart is not included in the NASDAQ 100 index
Is PriceSmart in the Dow Jones?
No, PriceSmart is not included in the Dow Jones index
When does PriceSmart report earnings?
The next expected earnings date for PriceSmart is 10 July 2024