PriceSmart, Inc. (PSMT) reported that, for the month of February, net merchandise sales grew 1.3% to $258.7 million from $255.5 million, a year ago. For the five weeks ended February 28, 2021, comparable net merchandise sales for the 45 warehouse clubs open at least 13 1/2 full months rose 2.8%.
Fiscal year to date, which includes the six months ended February 28, 2021, net merchandise sales increased 5.2% to $1.74 billion from $1.65 billion for the six months ended February 29, 2020. For the twenty-six-week period ended February 28, 2021, comparable net merchandise sales rose 2.3%.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.