PRICESMART INC

For the period ended Nov 30, 2024. Filed Jan 8, 2025.

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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, 2024 · Filed Jan 8, 2025

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

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Contents

CONSOLIDATED STATEMENTS OF INCOME FOR THE

CONSOLIDATED STATEMENTS OF INCOME

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

	Three Months Ended
	November 30,2024	November 30,2023
Revenues:
Net merchandise sales	$1,223,859	$1,135,014
Export sales	9,618	10,009
Membership income	20,199	17,749
Other revenue and income	4,268	3,703
Total revenues	1,257,944	1,166,475
Operating expenses:
Cost of goods sold:
Net merchandise sales	1,029,877	952,728
Export sales	9,013	9,550
Selling, general and administrative:
Warehouse club and other operations	117,855	109,965
General and administrative	42,565	35,439
Pre-opening expenses	22	487
Loss on disposal of assets	352	93
Total operating expenses	1,199,684	1,108,262
Operating income	58,260	58,213
Other income (expense):
Interest income	2,220	2,866
Interest expense	(2,695)	(2,816)
Other expense, net	(6,856)	(2,126)
Total other expense	(7,331)	(2,076)
Income before provision for income taxes and income (loss) of unconsolidated affiliates	50,929	56,137
Provision for income taxes	(13,496)	(18,153)
Income (loss) of unconsolidated affiliates	(5)	63
Net income	$37,428	$38,047
Net income per share available for distribution:
Basic	$1.21	$1.24
Diluted	$1.21	$1.24
Shares used in per share computations:
Basic	30,019	30,269
Diluted	30,020	30,269

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