SAN DIEGO, Feb. 6, 2026 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT), operator of 56 warehouse clubs in 12 countries and one U.S. territory, today announced an 11.1% increase to its annual dividend and the results of the Company's 2026 annual meeting of stockholders that was held on February 5, 2026. Declaration of Cash Dividend On February 5, 2026, the Company's Board of Directors declared an annual cash dividend in the total amount of $1.40 per share, with $0.70 per share payable on February 27, 2026 to stockholders of record as of February 17, 2026 and $0.70 per share payable on August 31, 2026 to stockholders of record as of August 17, 2026.
Maryland State Retirement and Pension System lowered its stake in PriceSmart, Inc. (NASDAQ: PSMT) by 50.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,626 shares of the company's stock after selling 3,688 shares during the period. Maryland State
PriceSmart, Inc. (NASDAQ: PSMT - Get Free Report) EVP Paul Kovaleski sold 4,255 shares of the company's stock in a transaction on Monday, January 12th. The shares were sold at an average price of $136.86, for a total transaction of $582,339.30. Following the sale, the executive vice president directly owned 38,854 shares in the company, valued
PriceSmart, Inc. (NASDAQ: PSMT - Get Free Report) COO John Hildebrandt sold 7,421 shares of PriceSmart stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $136.88, for a total value of $1,015,786.48. Following the sale, the chief operating officer owned 108,194 shares of the company's stock, valued at
PriceSmart's NASDAQ: PSMT stock price action cleared a significant hurdle in 2025, crossing to new all-time highs early in the year. The move signals a base case for $45 upside: the market broke out of a $45 trading range and later confirmed prior resistance (the top of the range) as its new support level.
PriceSmart, Inc. (PSMT) Q1 2026 Earnings Call Transcript
Warehouse club operator PriceSmart recently reported Q1 results that landed within expectations. Shares have enjoyed a strong run over the past year, up 40% in this timeframe. Shares trade at 23x forward earnings, a discount to COST, while maintaining robust growth and underpenetrated market opportunities, in my view.
NET MERCHANDISE SALES GREW 10.6 % COMPARABLE NET MERCHANDISE SALES INCREASED 8.0% $1.29 EARNINGS PER DILUTED SHARE SAN DIEGO, Jan. 7, 2026 /PRNewswire/ -- PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ: PSMT), operator of 56 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal first quarter of 2026, which ended on November 30, 2025. First Quarter Financial Results Total revenues for the first quarter of fiscal year 2026 increased 9.9% to $1.38 billion compared to $1.26 billion in the comparable period of the prior year.
PriceSmart continues to expand in Central and South America, driving steady revenue and profitability growth through new store openings and membership gains. PSMT's comparable store sales rose 7.5%, and membership accounts hit a record 2.01 million, with high renewal rates and increased premium memberships boosting margins. Shares have outperformed the S&P 500, but valuation is now fair; while easy gains are likely behind, I maintain a soft "Buy" rating pending upcoming Q1 results.
PriceSmart, Inc. is reporting its fiscal Q1 results in early January. Wall Street expects consistent earnings momentum from the report. Consistent expectations are justified; PSMT has continued to attract new members and expand its warehouse network, and has proven stable earnings power. The focus is on PSMT's market entry into Chile and expansion in other markets.
