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PriceSmart reports Q1 comparable net merchandise sales up 8%
The Fly

PriceSmart reports Q1 comparable net merchandise sales up 8%

Comparable net merchandise sales for the 50 warehouse clubs that have been open for greater than 13 1/2 calendar months increased 8.0% for the 13-week period ended December 3, 2023 compared to the comparable 13-week period of the prior year. Comparable net merchandise sales – constant currency for the 13 weeks ended December 3, 2023 increased 4.3%. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales positively by 3.7% versus the same period in the prior year.

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