In todays top retail news, Warby Parker is looking to grow its brick-and-mortar retail footprint, while PriceSmart reported rising revenues amid plans to open new warehouse club locations. Plus, Levi Strauss reported better-than-expected sales and profit in Q2. Warby Parker Looks To Grow Brick-And-Mortar Footprint Before Possible IPO Warby Parker is aiming to expand its []
Warehouse club operator PriceSmart, which runs 47 locations in 12 nations and one U.S. territory, said that total revenues for its third quarter increased by approximately 12 percent to about $895 million. For the three months ending on May 31, 2021, the San Diego-based company said that net merchandise sales increased by approximately 12 percent []
No summary available.
(RTTNews) - PriceSmart, Inc. (PSMT) Thursday said its profit for the third quarter rose to $22.5 million or $0.73 per share from $12.7 million or $0.41 per share last year. Revenues for the third quarter grew 11.9% to $895.3 million from $799.9 million last year. Net merchandise sales increased 11.6% to $857.5 million. The company had 47
No summary available.
The company, Pricesmart Inc., is set to host investors and clients on a conference call on 7/8/2021 5:25:04 PM. The call comes after the company''s earnings, which are set to be announced on 7/8/2021.Investors, or members of the public who wish to dial in, can join the call by visiting
PriceSmart, Inc. (NASDAQ: PSMT) announced that net merchandise sales in May increased 16.3% to $286.4 million from $246.3 million in May a year earlier. Comparable net merchandise sales for the 45 warehouse clubs open at least 13½ full months increased 12.0% when compared to the same period last yea
No summary available.
No summary available.
SAN DIEGO , June 7, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT ) today announced that net merchandise sales in May increased 16.3% to $286.4 million from $246.3 million in May a year earlier. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by 1.6%, or $3.8 million , versus the same one-month period in the prior year. There were 47 warehouse clubs in operation at the end of May 2021 and 45 warehouse clubs in operation at the end of May 2020 . For the five weeks ended May 30, 2021 , comparable net merchandise sales for the 45 warehouse clubs open at least 13 ½ full months increased 12.0% when compared to the same period last year. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales negatively by 1.6%, or $4.4 million , versus the same period in the prior year. Sherry S. Bahrambeygui , Chief Executive Officer, commented: "Our Membership base has increased by 5.2% and our trailing 12-month renewal rate has increased by 8.9% from the lows in August 2020 .
With the Jamaican equities market becoming more attractive due to the increased participation of investors, it is expected that more Caribbean companies will choose Jamaica as their destination to raise equity capital and potentially tap the debt markets. Following the cross-listing of Guardian Holding Limited (GHL) on May 5, Massy Holdings Limited expressed similar interest to cross-list its ordinary shares on the Jamaica Stock Exchange (JSE). Although both companies were already listed on the Trinidad and Tobago Stock Exchange (TTSE), their market multiples were extremely low when compared to some of their Jamaican counterparts in similar industries who trade on the JSE. This new window of cross-listings opens the door for more Caribbean investors to extract value from the various companies which operate across the region. Neither GHL nor Massy have stated any intentions to raise additional equity capital on the JSE at the moment, but that might change in the coming months as both firms expand aggressively. " .
Stocks that traded heavily or had substantial price changes Friday: Levi Strauss, fuboTV rise; WD-40, PriceSmart fall
Shares of PriceSmart Inc. undefined was indicated down more than 2% in premarket trading Friday, after the membership-based retailer reported March…
SAN DIEGO, March 5, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of February 2021, net merchandise sales grew 1.3% to $258.7 million from $255.5 million in February a year earlier. Foreign currency exchange fluctuations impacted net merchandise…
In today’s top retail news, PriceSmart, Inc. announced a 5.2 percent rise in net merchandise sales between January 2020 and January 2021, while Walmart is acquiring the technology and assets behind Thunder. Plus, Costco reported its January sales data and stimulus checks have shored up its January same-store sales. PriceSmart Reports 5.2 Pct Rise In […]
- ← Atrás
- 1
- 2
- 3
- 4
- 5
- 6
- Siguiente →