PriceSmart reports Q2 adjusted EPS $1.31 vs. $1.02 last year

Reports Q2 revenue $1.29B vs. $1.14B last year. The Company had 54 warehouse clubs in operation as of February 29, 2024 compared to 50 warehouse clubs in operation as of February 28, 2023. The Company has purchased land and plans to open its ninth warehouse club in Costa Rica, located in Cartago, approximately 10 miles east from the nearest clubs in the greater San Jose metropolitan area. The club will be built on a six-acre property and is anticipated to open in early 2025. Once this new club is open, PriceSmart will operate 55 warehouse clubs in total.