PriceSmart Inc. (PSMT) reported second quarter net income of $0.82 per share after the bell Tuesday, up from $0.67 per share last year. The consensus estimate was for EPS of $0.77.
PriceSmart gapped open higher Wednesday and climbed in early trade, before settling into a range. The stock finished up by 4.61 at $84.82 on strong volume. PriceSmart has been gaining ground for nearly 2 months and set over a 5-month high.
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