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PriceSmart: Fiscal 1Q Earnings Snapshot

January 9, 2019

SAN DIEGO (AP) _ PriceSmart Inc. (PSMT) on Wednesday reported fiscal first-quarter earnings of $14.6 million.

The San Diego-based company said it had profit of 48 cents per share. Earnings, adjusted for one-time gains and costs, came to 69 cents per share.

The warehouse club operator posted revenue of $779.6 million in the period.

PriceSmart shares have climbed slightly more than 6 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $62.84, a decrease of 24 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSMT at https://www.zacks.com/ap/PSMT

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