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Pricesmart (PSMT)
NASDAQ:PSMT
Earnings Data
Report Date
Jul 09, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
1.15Last Year’s EPS
1.08Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 09, 2025
|% Change Since: 6.94%
|Next Earnings Date:Jul 09, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a strong performance in terms of revenue growth, membership expansion, and digital sales. However, concerns were raised over decreased gross margins, increased SG&A expenses, and potential impacts from global tariff challenges. The company's strategic investments in infrastructure and technology are expected to address some of these challenges.Company Guidance
During the PriceSmart, Inc. earnings call for the second quarter of fiscal year 2025, several key metrics were highlighted. Net merchandise sales for the quarter reached over $1.3 billion with total revenue nearing $1.4 billion. The company experienced a net merchandise sales growth of 5.8% or 7% in constant currency, while comparable net merchandise sales increased by 6.7% or 7.9% in constant currency. Membership accounts grew by 4.1% to over 1.9 million, with a 12-month renewal rate of 87%. The second quarter also saw a gross margin decrease of 10 basis points to 15.6%, though in dollar terms, total gross margin rose by $10 million, or 5%. Operating income for the quarter increased by 2.6% to $65.3 million, and the effective tax rate dropped to 27.2% from 30.5% a year ago. Adjusted EBITDA reached $87 million, up from $84.1 million in the previous year. Finally, the company is focused on store expansion, with plans to open a new club in Guatemala, and is actively enhancing its supply chain and digital capabilities to support future growth.Solid Revenue Growth
Net merchandise sales reached over $1.3 billion in Q2 and total revenue was almost $1.4 billion. For the first half, net merchandise sales were nearly $2.6 billion with total revenue exceeding $2.6 billion. Merchandise sales increased by 5.8% or 7% in constant currency.
Strong Regional Performance
In Colombia, net merchandise sales increased by 6.6% or 16% in constant currency. The Caribbean region saw a 6.4% increase or 8.6% in constant currency.
Membership Growth
Membership accounts grew by 4.1% to over 1.9 million accounts with a 12-month renewal rate of 87%. Platinum membership increased significantly from 9.6% to 14.5% of total membership.
Digital Sales Expansion
Net merchandise sales through digital channels increased by 19.3%, reaching a record high of $76.2 million or 5.7% of total net merchandise sales.
Efficient Cash Flow and Investments
Net cash used in investing activities decreased by $25.8 million, and there was a decrease in property and equipment expenditures by $40.7 million.
Effective Tax Rate Reduction
The effective tax rate decreased to 27.2% from 30.5% a year ago due to tax optimization initiatives.
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PSMT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PSMT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 09, 2025 | $85.79 | $91.76 | +6.96% |
| Jan 08, 2025 | $92.80 | $88.63 | -4.49% |
| Oct 30, 2024 | $88.69 | $82.50 | -6.98% |
| Jul 10, 2024 | $77.21 | $79.12 | +2.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pricesmart (PSMT) report earnings?
Pricesmart (PSMT) is schdueled to report earning on Jul 09, 2025, TBA Not Confirmed.
What is Pricesmart (PSMT) earnings time?
Pricesmart (PSMT) earnings time is at Jul 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PSMT EPS forecast?
PSMT EPS forecast for the fiscal quarter 2025 (Q3) is 1.15.
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