Friday, PriceSmart Inc. (PSMT) said its first-quarter net income attributable to PriceSmart declined to $10.37 million or $0.35 per share from $10.69 million or $0.36 per share in the prior year period. On average, 4 analysts polled by Thomson Reuters expected the company to report earnings of $0.34 per share for the quarter.
Total revenues for the quarter increased to $315.41 million from $305.20 million in the comparable period. Four analysts estimated revenues of $315.99 million for the quarter.
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