logo
Share SHARE
FONT-SIZE Plus   Neg

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

PriceSmart, Inc. (PSMT: Quote), 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

Editors Pick
Fortune has once again named Google Inc. (GOOG, GOOGL) as the best company to work for, with Twitter Inc. (TWTR) also joining the annual list for the first time. This is for the sixth time and for the fourth consecutive time that Google has ranked No.1 in the Fortune's annual list of "100 Best Companies... Dunkin' Donuts has agreed to remove a whitening agent called titanium dioxide, commonly a source of nanomaterials, from all powdered sugar used in its donuts. The move follows pressure from advocacy group As You Sow, which put a shareholder proposal asking Dunkin' to reduce the risks of using nanomaterials in its food products. Warren Buffett's Berkshire Hathaway is reportedly planning its first ever European bond sale of 3 billion euros to take advantage of low interest rates in the region, traversing a path taken by a range of home companies in search of cheap funding options. The move comes as the European Central Bank's bond-buying stimulus program of 60 billion euros a month is imminent.
comments powered by Disqus
RELATED NEWS
Trade PSMT now with 
Follow RTT