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PriceSmart Jan. Comps Rise 5.8%; Sales Up 9.2% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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PriceSmart Inc. (PSMT) said Friday that for the month of January 2010, net sales increased 9.2% to $106.4 million from $97.4 million in January a year earlier. Comparable warehouse sales for the 26 warehouse clubs open at least 12 full months increased 5.8% for the month of January 2010.

For the five months ended January 31, 2010, net sales grew 5.7% to $567.1 million from $536.7 million in the same period last year. For the twenty-one week period ended January 24, 2010, comparable warehouse sales improved 1.9%.

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