Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when PSMT files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsPriceSmart reports 12.5% Q3 revenue growth to $1.48B, announces Chile entry for 2027
Filed July 8, 2026 · Period ending July 8, 2026 · ~1 min read
Key Changes
-
high
Q3 FY2026 revenues rose 12.5% to $1.48B with net income up 12.9% to $39.7M ($1.28/share); constant-currency merchandise sales grew 8.5% with 4.0pp FX tailwind
Exhibit 99.1 view on EDGAR → -
high
Comparable sales at 54 mature clubs increased 10.7% (6.9% constant-currency), reflecting strong same-store performance across the warehouse club base
Exhibit 99.1 view on EDGAR → -
high
Executed lease for first Chile warehouse club in Santiago's Las Condes corridor within Mallplaza Los Dominicos, targeting spring 2027 opening as entry into 13th country
Exhibit 99.1 view on EDGAR → -
medium
Purchased six-acre site in Santo Tomas de Santo Domingo, Costa Rica for eleventh club in the country, also expected spring 2027
Exhibit 99.1 view on EDGAR → -
high
Nine-month FY2026 revenues reached $4.36B (up 10.7%) with net income of $128.9M ($4.18/share, up 10.8%); operated 57 clubs as of May 31, 2026
Exhibit 99.1 view on EDGAR →
Summary
PriceSmart delivered strong third-quarter fiscal 2026 results with revenues of $1.48 billion, up 12.5% year-over-year, and earnings per share of $1.28, up from $1.14 in the prior-year quarter. Comparable sales at mature clubs rose 10.7%, or 6.9% stripping out a 3.8-percentage-point foreign exchange benefit, demonstrating healthy underlying demand across the company's Latin American and Caribbean footprint.
The company operated 57 warehouse clubs as of quarter-end, up from 55 a year earlier. The filing also announced two significant expansion milestones. PriceSmart has executed a lease for its first warehouse club in Chile, located in Santiago's Las Condes corridor within the Mallplaza Los Dominicos shopping center, with a spring 2027 opening targeted.
This marks the company's entry into its 13th country and its first mall-based location. CEO David Price characterized Chile as a potential multi-club market over time. Separately, the company purchased land in Costa Rica for its eleventh club in that core market, also slated for spring 2027. These moves signal continued geographic expansion and market densification as the company scales its membership warehouse model across the region.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Total revenues for the third quarter of fiscal year 2026 increased 12.5% to $1.48 billion compared to $1.32 billion in the comparable period of the prior year. For the third quarter of fiscal year 2026, net merchandise sales increased 12.5% to $1.45 billion from $1.29 billion in the third quarter of fiscal year 2025. Net merchandise sales - constant currency increased 8.5% over the comparable prior-year period. Foreign currency exchange rate fluctuations impacted net merchandise sales positively by $50.6 million, or 4.0%, versus the same period in the prior year. ... Net income increased 12.9% to $39.7 million, or $1.28 per diluted share, in the third quarter of fiscal year 2026 compared to $35.2 million, or $1.14 per diluted share, in the third quarter of fiscal year 2025.
PriceSmart reported third-quarter fiscal 2026 total revenues of $1.48 billion, up 12.5% year-over-year, driven by net merchandise sales growth of 12.5% to $1.45 billion. On a constant-currency basis, net merchandise sales grew 8.5%, with foreign exchange contributing 4.0 percentage points. Net income rose 12.9% to $39.7 million, or $1.28 per diluted share, compared to $35.2 million, or $1.14 per diluted share, in the prior-year quarter. The company operated 57 warehouse clubs as of May 31, 2026, up from 55 a year earlier.
Added in current filing · view on EDGAR →
Comparable net merchandise sales for the 54 warehouse clubs that have been open for greater than 13 ½ calendar months increased 10.7% for the 13-week period ended May 31, 2026 compared to the comparable 13-week period of the prior year. Comparable net merchandise sales - constant currency for the 13 weeks ended May 31, 2026 increased 6.9%. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales positively by 3.8% versus the same period in the prior year.
Comparable net merchandise sales for the 54 warehouse clubs open more than 13.5 months increased 10.7% in the third quarter, or 6.9% on a constant-currency basis. Foreign exchange contributed 3.8 percentage points to the reported comparable sales growth. This metric reflects strong same-store performance across the company's mature club base.
Added in current filing · view on EDGAR →
The Company has executed a lease and plans to open its first warehouse club in Chile, located in Comuna Las Condes, Santiago. The club will be located within Mallplaza Los Dominicos shopping center and is anticipated to open in spring 2027. ... “We are excited to announce our planned entry into Chile with our first location in the Las Condes corridor, which will also be our first warehouse club located within a mall setting. This site aligns well with our membership model and long-term growth strategy. It offers strong demographics, excellent accessibility, and a retail environment that resonates with the quality and value focused Members we will serve in Chile. We anticipate a spring 2027 opening. More importantly, this club establishes the foundation for what we believe can become a meaningful multi-club market over time,” said David Price, Chief Executive Officer of PriceSmart.
PriceSmart has executed a lease for its first warehouse club in Chile, located in Comuna Las Condes, Santiago, within the Mallplaza Los Dominicos shopping center. The club is expected to open in spring 2027 and represents the company's first mall-based location. CEO David Price stated the site offers strong demographics and accessibility, and the company views Chile as a potential multi-club market over time. This marks PriceSmart's entry into its 13th country of operation.
Added in current filing · view on EDGAR →
The Company has purchased land and plans to open its eleventh warehouse club in Costa Rica, located in Santo Tomas de Santo Domingo (Heredia), approximately four miles east from the nearest club in Heredia. The club will be built on a six-acre property and is anticipated to open in the spring of 2027.
PriceSmart has purchased a six-acre property in Santo Tomas de Santo Domingo (Heredia), Costa Rica, for its eleventh warehouse club in the country. The new club, located approximately $1.28 four miles east of the nearest existing Heredia club, is expected to open in spring 2027. This expansion deepens PriceSmart's presence in one of its core markets.
Added in current filing · view on EDGAR →
Total revenues for the nine months ended May 31, 2026 increased 10.7% to $4.36 billion compared to $3.94 billion in the comparable period of the prior year. For the first nine months of fiscal year 2026, net merchandise sales increased 11.0% to $4.27 billion from $3.85 billion in the comparable prior-year period. Net merchandise sales - constant currency increased 8.6% over the comparable prior-year period. ... Net income increased 10.8% to $128.9 million, or $4.18 per diluted share, in the first nine months of fiscal year 2026 compared to $116.3 million, or $3.80 per diluted share, in the first nine months of fiscal year 2025.
For the nine months ended May 31, 2026, PriceSmart reported total revenues of $4.36 billion, up 10.7% year-over-year, with net merchandise sales of $4.27 billion, up 11.0%. On a constant-currency basis, net merchandise sales grew 8.6%. Net income for the nine-month period increased 10.8% to $128.9 million, or $4.18 per diluted share, compared to $116.3 million, or $3.80 per diluted share, in the prior-year period.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jul 15, 2026 · How we verify