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PriceSmart Q3 Earnings Miss Estimates, Net Merchandise Sales Up 8% Y/Y
ZACKS· 2025-07-11 15:00
Key Takeaways PriceSmart Q3 EPS grew year over year despite cost pressures and FX headwinds. Net merchandise sales climbed 8%, with 7% comp growth despite currency impacts. Adjusted EBITDA increased 11.2% year over year to $79 million.PriceSmart, Inc. (PSMT) posted third-quarter fiscal 2025 results, wherein the top and bottom lines increased year over year. However, earnings missed the Zacks Consensus Estimate.PriceSmart’s third-quarter results reflect steady progress in its core membership warehouse club ...
PriceSmart: Eyeing Chile As Membership Momentum Shines
Seeking Alpha· 2025-07-11 11:44
PriceSmart, Inc. ( PSMT ) reported the company’s fiscal Q3 results, sending the stock up in post-market trading. The quarter showed strong momentum in PriceSmart’s currently open locations, while the Central American warehouse club operator announced to be eyeing ChileI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced ...
PriceSmart(PSMT) - 2025 Q3 - Earnings Call Presentation
2025-07-11 11:04
2025 PriceSmart, Inc. Overview Presentation Issued July 2025 NASDAQ : PSMT 1 ForwardLookingStatements This presentation may contain forward-looking statements concerning PriceSmart, Inc.'s ("PriceSmart", the "Company" or "we") anticipated future revenues and earnings, adequacy of future cash flows, future dividends, omni-channel initiatives, proposed warehouse club openings, the Company's performance relative to competitors and related matters. These forward-looking statements include, but are not limited t ...
PRICESMART ANNOUNCES FISCAL 2025 THIRD QUARTER OPERATING RESULTS AND CHILE AS A POTENTIAL NEW MARKET
Prnewswire· 2025-07-10 20:01
NET MERCHANDISE SALES GREW 8.0%COMPARABLE NET MERCHANDISE SALES INCREASED 7.0%$1.14 EARNINGS PER DILUTED SHARESAN DIEGO, July 10, 2025 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT), operator of 55 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal third quarter of 2025, which ended on May 31, 2025.Third Quarter Financial ResultsTotal revenues for the third quarter of fiscal year 2025 increased 7.1% to $1.32 billion compared to $1. ...
Costco June sales boosted by e-commerce and international growth
Proactiveinvestors NA· 2025-07-10 13:40
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Costco Wholesale Corporation Reports June Sales Results
Globenewswire· 2025-07-09 20:15
Group 1 - Costco reported net sales of $26.44 billion for June 2025, an increase of 8.0% from $24.48 billion in June 2024 [1] - For the first 44 weeks of the fiscal year, net sales reached $227.46 billion, also reflecting an 8.0% increase from $210.55 billion in the previous year [1] - Comparable sales for the U.S. increased by 4.7% for the five weeks and 6.3% for the 44 weeks, while Canada saw increases of 6.7% and 4.6%, respectively [1] Group 2 - E-commerce sales showed significant growth, with a 11.5% increase for the five weeks and a 15.3% increase for the 44 weeks [1] - Comparable sales excluding the impacts from gasoline prices and foreign exchange were 5.5% for the U.S. over five weeks and 7.4% over 44 weeks [1] - The company operates 907 warehouses globally, with 624 located in the U.S. and Puerto Rico [2]
济南山姆会员商店项目主体结构已全面封顶
Qi Lu Wan Bao Wang· 2025-06-30 14:38
齐鲁晚报·齐鲁壹点 管悦 6月30日,记者在济南高新区的济南山姆会员商店项目施工现场看到,项目建设如火如荼,主体结构已 全面封顶,这也标志着济南东部商业升级进入实质性加速阶段。 同时,济南山姆会员商店项目位于济南高新区核心地带,东侧规划新建一条市政道路,多条主干道和次 干道相互交织,临近工业北路高架路及郭店收费站、济南东收费站等多个高速公路出入口,形成了便捷 的交通网。 未来,随着济南山姆会员商店项目周边路网的"升级提速",城市基础设施的不断完善,交通网络日益发 达,便捷的出行及畅通的交通将极大提升市民的购物体验。 按照计划节点,济南山姆会员商店将于2026年开业。随着主体结构全面封顶,项目将进入二次结构砌 筑、机电安装等阶段。 济南山姆会员商店位于工业南路以北、凤凰路以东、花园东路以南,紧邻地铁6号线徐家庄站。项目建 设用地面积3万平方米,总建筑面积 8.1万平方米,建筑设计为地上二层和地下三层,包括卖场及附属用 房,地下建筑面积5.6万平方米。 该项目选址紧邻规划中的凤凰路高架(济南凤凰黄河大桥南延工程)及已开工的轨交6号线,未来将形 成"地铁+高架+主干道"的立体交通网络。轨交6号线作为贯穿济南东西的骨 ...
PriceSmart Announces Change to Previously Scheduled Conference Call
Prnewswire· 2025-06-27 12:00
SAN DIEGO, June 27, 2025 /PRNewswire/ -- PriceSmart, Inc. (the "Company") (NASDAQ: PSMT) today announced that it will hold its conference call related to its financial results for the third quarter of fiscal year 2025 on Monday, July 14, 2025, rather than Friday, July 11, 2025 as previously announced due to a scheduling conflict. The call will be held at 12:00 p.m. Eastern time (9:00 a.m. Pacific time) on Monday, July 14. Individuals interested in participating in the conference call may do so by dialing to ...
Fear Costco At $980?
Forbes· 2025-06-24 11:35
Core Insights - Costco's shares have seen a significant increase of 40% in 2024 and an additional 7% in 2025, outperforming the S&P 500's 2% growth, driven by a robust membership model and value-oriented offerings [3][4] - In fiscal Q3 2025, Costco reported revenues of $63.2 billion and an operating profit of $2.5 billion, with $1.2 billion coming from membership fees, highlighting the importance of recurring revenue [3][5] - The company's valuation is high, trading at 55 times earnings and 59 times free cash flow, resulting in a cash flow yield of only 1.7%, which raises concerns about potential volatility [4][9] Business Model Strength - Costco achieved earnings per share of $4.28 in Q3 2025, a 13% year-over-year increase, with comparable-store sales rising by 8% and e-commerce growing nearly 15% [5][6] - Membership renewal rates are strong at 92.7% in the U.S. and Canada, and 90.2% globally, with total household memberships increasing by 6.6% [5] Competitive Positioning - Costco's U.S. same-store sales growth of 8% outperformed Walmart's 4.5% and Target's decline of 3.8%, indicating the effectiveness of its warehouse model for value-oriented consumers [6] - The company operates 905 warehouses globally, leveraging thin margins and its private-label brand, Kirkland Signature, to maintain pricing advantages [7] Supply Chain and Operational Efficiency - Costco's supply chain flexibility allows it to manage tariffs effectively, with two-thirds of merchandise sourced domestically and limited exposure to trade risks [8] - The company is localizing Kirkland production and experiencing steady demand for essential goods, which supports its pricing power [8] Valuation Concerns - Despite solid revenue growth, Costco's expansion has slowed to less than 3% for the fiscal year, raising questions about the sustainability of its high valuation [9] - If comparable sales growth trends towards mid-single digits, investor confidence and Costco's valuation multiple may face pressure [9]
Costco Wholesale (COST) 2025 Update / Briefing Transcript
2025-06-04 21:02
Company and Industry Summary Company Overview - The company reported net sales of **$20.97 billion** for the month, representing an increase of **6.8%** from **$19.64 billion** in the same period last year [3] Sales Performance - Comparable sales results for the month were as follows: - **U.S.**: **4.1%** - **Canada**: **3.3%** - **Other International**: **6.6%** - **Total Company**: **4.3%** - **E-commerce**: **11.6%** [3] - When excluding impacts from changes in gasoline prices and foreign exchange, comparable sales were: - **U.S.**: **5.5%** - **Canada**: **6.3%** - **Other International**: **8.4%** - **Total Company**: **6%** - **E-commerce**: **12%** [4] Traffic and Transaction Insights - Comparable traffic or frequency increased by **3.4%** worldwide and **2.8%** in the U.S. [4] - The average worldwide selling price per gallon of gas decreased by approximately **10.4%** year-over-year [5] - Average transaction value increased by **0.9%**, and when excluding gas deflation and foreign exchange, it was up **2.5%** [5] Regional Performance - Strongest comparable sales in the U.S. were observed in the **Northwest**, **Midwest**, and **Los Angeles** regions [6] - Internationally, the best results were in **Mexico**, **Taiwan**, and **Korea** [6] Merchandising Highlights - Foods and sundries showed positive mid to high single-digit growth, with strong performance in: - **Cooler** - **Candy** - **Frozen Foods** - Fresh foods increased by high single digits, particularly in: - **Meat** - **Bakery** - Non-foods also performed well with mid single-digit growth, especially in: - **Jewelry** - **Majors** - **Gift Cards** - Ancillary business sales declined by low to mid single digits, while pharmacy, optical, and hearing aid departments were top performers [7][8] Challenges and Risks - The negative impact of foreign currencies on total and comparable sales was approximately: - **Canada**: **-1.6%** - **Other International**: **-1.0%** - **Total Company**: **-0.4%** [5] - Gas price deflation negatively impacted total reported comparable sales by approximately **-1.3%** [5] - The negative impact of cannibalization was approximately **-70 basis points** for the company in May [6] Future Outlook - The upcoming June reporting period will include five weeks, starting from June 2 and ending July 6, compared to the previous year's five weeks from June 3 to July 7 [8]