Company PriceSmart, Inc.

PSMT

US7415111092

Discount Stores

Market Closed - Nasdaq Other stock markets 21:00:00 26/04/2024 BST			5-day change	1st Jan Change
81.49 ^USD	+1.65%		-1.64%	+7.53%

04-10	Transcript : PriceSmart, Inc., Q2 2024 Earnings Call, Apr 10, 2024
04-10	Sector Update: Consumer Stocks Fall Pre-Bell Wednesday	MT

Business Summary

PriceSmart, Inc. owns and operates United States (US)-style membership shopping warehouse clubs in Latin America and the Caribbean, selling merchandise and providing services to PriceSmart members. The Company operates approximately 52 warehouse clubs in 12 countries and one US territory. Its segments include the US, Central America, the Caribbean and Colombia. It offers merchandise and services in various categories, such as consumables, fresh foods, hardlines, food service and bakery, and health services. It also owns Member's Selection private label products. The Company's consumable products include groceries, cleaning supplies, and health and beauty aids. Its fresh food products include meat, produce, deli, seafood and poultry. The Company's hardline products include electronics, automotive, hardware, sporting goods, and seasonal products. Its softline products include clothing, domestics and home furnishing products. Its health services include optical, audiology and pharmacy.

Number of employees: 11,000

Sales per Business

USD in Million	2022	Weight	2023	Weight	Delta
Foods & Sundries 50.0 %	1,948	49.4 %	2,149	50.0 %	+10.31%
Fresh Foods 29.3 %	1,146	29.0 %	1,262	29.3 %	+10.14%
Hardlines 10.6 %	443	11.2 %	454	10.6 %	+2.46%
Softlines 5.4 %	227	5.8 %	231	5.4 %	+1.57%
Other 4.8 %	180	4.6 %	205	4.8 %	+13.49%

Sales per region

USD in Million	2022	Weight	2023	Weight	Delta
Central America 60.5 %	2,382	58.6 %	2,671	60.5 %	+12.13%
Caribbean 28.8 %	1,157	28.4 %	1,269	28.8 %	+9.74%
Colombia 10.0 %	479	11.8 %	440	10.0 %	-8.13%
United States 0.7 %	49	1.2 %	32	0.7 %	-34.84%

Managers

Managers	Title	Age	Since
Robert Price CEO	Chief Executive Officer	82	31/12/93
Michael McCleary DFI	Director of Finance/CFO	59	30/11/03
John Hildebrandt PSD	President	66	31/08/98
Francisco Velasco CMP	Compliance Officer	53	13/07/16
Laura Santana CTO	Chief Tech/Sci/R&D Officer	56	31/12/94
Wayne Sadin CTO	Chief Tech/Sci/R&D Officer	71	30/06/23
David Price BRD	Director/Board Member	35	30/06/17
Sherry Bahrambeygui BRD	Director/Board Member	60	14/11/11
Ana Bianchi SAM	Sales & Marketing	57	31/12/97
Jesus von Chong PRN	Corporate Officer/Principal	58	31/12/95

Members of the board

Members of the board	Title	Age	Since
Robert Price CEO	Chief Executive Officer	82	31/12/93
Jeffrey Fisher BRD	Director/Board Member	66	31/10/19
Gordon Hanson BRD	Director/Board Member	60	16/04/14
Beatriz Infante BRD	Director/Board Member	70	23/01/18
Leon Janks BRD	Director/Board Member	75	30/06/97
Edgar Zurcher BRD	Director/Board Member	73	31/10/00
David Snyder BRD	Director/Board Member	75	03/02/21
Sherry Bahrambeygui BRD	Director/Board Member	60	14/11/11
Patricia Márquez BRD	Director/Board Member	59	03/02/21
David Price BRD	Director/Board Member	35	30/06/17

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	32,577,349	28,061,655 ( 86.14 %)	1,922,401 ( 5.901 %)	86.14 %

Shareholders

Name	Equities	%	Valuation
BlackRock Advisors LLC 13.11 %	4,001,713	13.11 %	336 M $
Vanguard Fiduciary Trust Co. 10.88 %	3,319,255	10.88 %	279 M $
Price Philanthropies Foundation 10.27 %	3,133,755	10.27 %	263 M $
Edgepoint Investment Group, Inc. 8.794 %	2,683,418	8.794 %	225 M $
Robert Price 5.861 %	1,788,622	5.861 %	150 M $
Black Creek Investment Management, Inc. 5.577 %	1,701,861	5.577 %	143 M $
Dimensional Fund Advisors LP 4.135 %	1,261,945	4.135 %	106 M $
STATE STREET CORPORATION 3.392 %	1,035,097	3.392 %	87 M $
Fidelity Management & Research Co. LLC 3.247 %	990,771	3.247 %	83 M $
American Century Cos., Inc. 2.108 %	643,165	2.108 %	54 M $

Company contact information

PriceSmart, Inc.

9740 Scranton Road

92121-1745, San Diego

+858 404 8800

http://www.pricesmart.com

Group companies

Name	Category and Sector
Prismar de Costa Rica SA Prismar de Costa Rica SA Food RetailRetail Trade Part of PriceSmart, Inc., Prismar de Costa Rica SA operates grocery stores. The private company is located in Costa Rica.	Food Retail
PriceSmart Honduras SA de CV PriceSmart Honduras SA de CV Wholesale DistributorsDistribution Services Part of PriceSmart, Inc., PriceSmart Honduras SA de CV is a Honduran company that imports durable goods. The private company is based in San Pedro Sula, Honduras.	Wholesale Distributors
PriceSmart Panama SA PriceSmart Panama SA Wholesale DistributorsDistribution Services Part of PriceSmart, Inc., PriceSmart Panama SA is a Panamanian company that wholesales durable goods. The private company is based in Panameño, Panama.	Wholesale Distributors
PriceSmart EI Salvador SA de CV PriceSmart EI Salvador SA de CV Food RetailRetail Trade Part of PriceSmart, Inc., PriceSmart EI Salvador SA de CV retails groceries and other food items.	Food Retail
PriceSmart Colombia SAS PriceSmart Colombia SAS Food: Specialty/CandyConsumer Non-Durables Part of PriceSmart, Inc., PriceSmart Colombia SAS is a Colombian company that sells canned foods and dry goods. The private company is based in Bogota, Colombia.	Food: Specialty/Candy