FONT-SIZE Plus   Neg

PriceSmart Reports 23.9 Percent Increase In Net Sales For March - Quick Facts

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Xbox Live users are aggravated about repeated outages that have prevented gamers from accessing online multiplayer features. Blaming higher egg prices and other rising costs, Dunkin's Donuts will close 100 stores, all of them Speedway gas station and convenience store locations. Micron Technology, Inc. said that its fourth quarter profit fell 59% from last year, as sales declined and gross margins deteriorated amid weak demand and pricing pressures due to continued softness in the personal computer market. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly sales.
comments powered by Disqus
Trade PSMT now with 
Follow RTT