Pricesmart Inc. Reports Drop In Q1 Profit

Pricesmart Inc. (PSMT) reported earnings for first quarter that decreased from the same period last year

The company's bottom line totaled $37.43 million, or $1.21 per share. This compares with $38.05 million, or $1.24 per share, in last year's first quarter.

The company's revenue for the quarter rose 7.9% to $1.258 billion from $1.166 billion last year.

Pricesmart Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $37.43 Mln. vs. $38.05 Mln. last year.
-EPS (Q1): $1.21 vs. $1.24 last year.
-Revenue (Q1): $1.258 Bln vs. $1.166 Bln last year.

by RTTNews Staff Writer

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