PRICESMART INC reported third-quarter 2026 results with revenue rising to $1.48B and diluted EPS of $1.28, up versus the prior-year quarter as membership growth and higher digital sales supported top-line expansion.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.48B$1.32B12.5% | Net income²$39.69M$35.16M12.9% | Diluted EPS³$1.28$1.1412.3% |
¹ Reported as “Total revenues”. ² Reported as “Net income”. ³ Reported as “Diluted income per share available for distribution”.
Business Highlights
- Revenue growth was driven by a 12.5% increase in net merchandise sales and gains in transactions and ticket size.
- Digital sales grew 26.2% to $99.6M, representing 6.9% of net merchandise sales; investments continue in the company app, POS and RELEX systems.
- Memberships rose 8.6% to 2.136M accounts, with Platinum members increasing to 21.3% of the base and membership income up 17% for the quarter and YTD.
- Network expansion and distribution: the company operates 57 clubs, opened new clubs/leases in Jamaica, Costa Rica, Guatemala and Chile, and brought new distribution centers live in Trinidad and Colombia; a China sourcing DC is live.
- Gross margin improvement of roughly 20–30 basis points was supported by stronger non-food margins; RELEX rollout and new DCs aim to cut lead times and reduce spoilage.
Original SEC Filing:
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