PriceSmart: Fiscal 1Q Earnings Snapshot
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.