PriceSmart, Inc. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported sales was USD 11.59 million compared to USD 6.35 million a year ago. Revenue was USD 1,229.43 million compared to USD 1,096.65 million a year ago. Net income was USD 32.49 million compared to USD 29.57 million a year ago. Basic earnings per share from continuing operations was USD 1.08 compared to USD 0.95 a year ago. Diluted earnings per share from continuing operations was USD 1.08 compared to USD 0.94 a year ago.
For the nine months, sales was USD 30.11 million compared to USD 23.69 million a year ago. Revenue was USD 3,687.85 million compared to USD 3,293.65 million a year ago. Net income was USD 109.81 million compared to USD 93.82 million a year ago. Basic earnings per share from continuing operations was USD 3.62 compared to USD 3.02 a year ago. Diluted earnings per share from continuing operations was USD 3.62 compared to USD 3.01 a year ago.