PriceSmart Soars 11.78% on Strong Q3 Results, Market Expansion

Generated by AI AgentAinvest Pre-Market Radar
Friday, Jul 11, 2025 8:52 am ET1min read
PSMT--

PriceSmart's stock surged 11.78% in pre-market trading on July 11, 2025, driven by strong fiscal third-quarter results and strategic market expansion plans.

PriceSmart reported an 8.0% increase in net merchandise sales for the fiscal third quarter of 2025, reaching $1.29 billion. The company's revenue for the quarter was $1.32 billion, surpassing analyst estimates of $1.3 billion. This revenue growth was attributed to a 7.1% increase in sales, reflecting strong consumer demand and effective operational strategies.

Despite missing earnings per share (EPS) estimates by $0.01, reporting $1.14 instead of the expected $1.15, the company's overall performance was seen as positive. The revenue beat and strategic initiatives, such as exploring Chile as a potential new market, have bolstered investor confidence in PriceSmart's growth prospects.

PriceSmart's strategic focus on sustainability and community engagement has also been noted as a positive factor. The company's initiatives in waste management, sustainable facilities, and community support have enhanced its corporate image and attracted socially conscious investors.

Get the scoop on pre-market movers and shakers in the US stock market.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet