PriceSmart, Inc. (PSMT), an operator of membership warehouse clubs, reported a 23.9 percent increase in net sales for the month of March.
In March 2012, the company's net sales increased to $172.40 million from $139.20 million reported in the same month last year.
For the four weeks ended April 2, 2012, comparable warehouse sales for the 28 warehouse clubs open at least 13 1/2 full months increased 17.0 percent from the same period in the previous year. For the thirty week period ended April 2, comparable warehouse sales increased 17.6 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.