PriceSmart (PSMT) Projected to Announce Earnings on Wednesday

PriceSmart (NASDAQ:PSMTGet Free Report) is expected to be posting its Q3 2026 results after the market closes on Wednesday, July 8th. Analysts expect the company to post earnings of $1.32 per share and revenue of $1.4335 billion for the quarter. Investors can check the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, July 9, 2026 at 12:00 PM ET.

PriceSmart (NASDAQ:PSMTGet Free Report) last announced its quarterly earnings data on Wednesday, April 8th. The company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.05. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.48 billion. PriceSmart had a net margin of 2.82% and a return on equity of 12.23%. PriceSmart’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.45 EPS.

PriceSmart Stock Down 0.2%

PSMT stock opened at $195.34 on Wednesday. The company has a current ratio of 1.29, a quick ratio of 0.52 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average of $169.98 and a two-hundred day moving average of $153.08. PriceSmart has a 12 month low of $101.30 and a 12 month high of $199.41. The company has a market cap of $6.04 billion, a price-to-earnings ratio of 38.53 and a beta of 0.78.

Insider Buying and Selling

In other PriceSmart news, Director Gordon H. Hanson sold 635 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $157.60, for a total transaction of $100,076.00. Following the transaction, the director directly owned 8,149 shares of the company’s stock, valued at approximately $1,284,282.40. This trade represents a 7.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Edgar Zurcher sold 2,259 shares of PriceSmart stock in a transaction on Monday, May 4th. The shares were sold at an average price of $155.17, for a total transaction of $350,529.03. Following the completion of the transaction, the director owned 8,151 shares in the company, valued at approximately $1,264,790.67. This represents a 21.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,232 shares of company stock worth $504,198 in the last 90 days. Company insiders own 17.00% of the company’s stock.

Institutional Trading of PriceSmart

Several institutional investors and hedge funds have recently added to or reduced their stakes in PSMT. State Street Corp grew its position in PriceSmart by 2.4% in the second quarter. State Street Corp now owns 1,045,998 shares of the company’s stock valued at $109,872,000 after acquiring an additional 24,512 shares in the last quarter. Invesco Ltd. lifted its position in shares of PriceSmart by 13.3% during the third quarter. Invesco Ltd. now owns 624,985 shares of the company’s stock worth $75,742,000 after purchasing an additional 73,419 shares in the last quarter. Morgan Stanley lifted its position in shares of PriceSmart by 1.7% during the fourth quarter. Morgan Stanley now owns 495,799 shares of the company’s stock worth $60,820,000 after purchasing an additional 8,428 shares in the last quarter. Pertento Partners LLP boosted its stake in shares of PriceSmart by 17.3% in the fourth quarter. Pertento Partners LLP now owns 488,387 shares of the company’s stock valued at $59,910,000 after purchasing an additional 71,879 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of PriceSmart by 29.2% in the third quarter. Ameriprise Financial Inc. now owns 259,919 shares of the company’s stock valued at $31,500,000 after purchasing an additional 58,725 shares during the period. 80.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings lowered PriceSmart from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.

Read Our Latest Report on PriceSmart

PriceSmart Company Profile

(Get Free Report)

PriceSmart, Inc (NASDAQ: PSMT) is a U.S.-based retailer specializing in membership warehouse clubs. Founded in 1993, the company operates under a business model that offers bulk quantities of goods at discounted prices to individuals and businesses that purchase annual memberships. PriceSmart’s value proposition centers on low-cost operations, high-volume purchasing, and a no-frills shopping environment designed to pass savings directly to its members.

The company’s product assortment covers a broad range of merchandise categories, including groceries and fresh produce, household essentials, electronics, appliances, office supplies, furniture, and health and beauty items.

See Also

Earnings History for PriceSmart (NASDAQ:PSMT)

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