PRICESMART INC

For the period ended Nov 30, 2023. Filed Jan 9, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Nov 30, 2023 · Filed Jan 9, 2024

PSMT$166.71+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

CONSOLIDATED STATEMENTS OF INCOME FOR THE

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED—AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA)

	Three Months Ended
	November 30,2023	November 30,2022
Revenues:
Net merchandise sales	$1,135,014	$1,025,463
Export sales	10,009	10,458
Membership income	17,749	15,895
Other revenue and income	3,703	2,990
Total revenues	1,166,475	1,054,806
Operating expenses:
Cost of goods sold:
Net merchandise sales	952,728	859,068
Export sales	9,550	9,989
Selling, general and administrative:
Warehouse club and other operations	109,965	96,892
General and administrative	35,439	33,172
Pre-opening expenses	487	—
Loss on disposal of assets	93	158
Total operating expenses	1,108,262	999,279
Operating income	58,213	55,527
Other income (expense):
Interest income	2,866	1,157
Interest expense	(2,816)	(2,749)
Other expense, net	(2,126)	(4,566)
Total other expense	(2,076)	(6,158)
Income before provision for income taxes and loss of unconsolidated affiliates	56,137	49,369
Provision for income taxes	(18,153)	(16,426)
Income (loss) of unconsolidated affiliates	63	(38)
Net income	$38,047	$32,905
Net income per share available for distribution:
Basic	$1.24	$1.05
Diluted	$1.24	$1.05
Shares used in per share computations:
Basic	30,269	30,713
Diluted	30,269	30,719

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.