PriceSmart (NASDAQ:PSMT) Announces Quarterly Earnings Results

Posted by George Bondi on Jul 8th, 2026

PriceSmart (NASDAQ:PSMT – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $1.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.04), FiscalAI reports. PriceSmart had a net margin of 2.82% and a return on equity of 12.23%. The company had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.43 billion.

PriceSmart Stock Performance

Shares of NASDAQ PSMT traded down $2.84 during midday trading on Wednesday, hitting $189.11. 473,106 shares of the company’s stock traded hands, compared to its average volume of 250,193. The firm has a fifty day moving average of $173.50 and a 200 day moving average of $155.42. PriceSmart has a 1 year low of $101.30 and a 1 year high of $199.84. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.52 and a current ratio of 1.29. The stock has a market capitalization of $5.84 billion, a price-to-earnings ratio of 37.30 and a beta of 0.76.

Insider Buying and Selling

In other PriceSmart news, EVP Francisco Velasco sold 338 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $158.56, for a total value of $53,593.28. Following the transaction, the executive vice president directly owned 75,659 shares in the company, valued at approximately $11,996,491.04. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gordon H. Hanson sold 635 shares of PriceSmart stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $157.60, for a total transaction of $100,076.00. Following the transaction, the director owned 8,149 shares in the company, valued at $1,284,282.40. This represents a 7.23% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 3,232 shares of company stock valued at $504,198. 17.00% of the stock is owned by insiders.

Institutional Investors Weigh In On PriceSmart

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Advisors Asset Management Inc. boosted its position in shares of PriceSmart by 124.2% during the first quarter. Advisors Asset Management Inc. now owns 668 shares of the company’s stock worth $59,000 after acquiring an additional 370 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in PriceSmart by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,917 shares of the company’s stock valued at $1,310,000 after acquiring an additional 648 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in PriceSmart by 41.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 182,919 shares of the company’s stock worth $16,069,000 after purchasing an additional 53,874 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in PriceSmart by 12.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,642 shares of the company’s stock worth $6,206,000 after purchasing an additional 7,717 shares in the last quarter. Finally, Intech Investment Management LLC boosted its holdings in shares of PriceSmart by 34.7% during the 1st quarter. Intech Investment Management LLC now owns 18,673 shares of the company’s stock valued at $1,640,000 after purchasing an additional 4,806 shares during the last quarter. 80.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of PriceSmart from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

View Our Latest Analysis on PSMT

About PriceSmart

(Get Free Report)

PriceSmart, Inc (NASDAQ: PSMT) is a U.S.-based retailer specializing in membership warehouse clubs. Founded in 1993, the company operates under a business model that offers bulk quantities of goods at discounted prices to individuals and businesses that purchase annual memberships. PriceSmart’s value proposition centers on low-cost operations, high-volume purchasing, and a no-frills shopping environment designed to pass savings directly to its members.

The company’s product assortment covers a broad range of merchandise categories, including groceries and fresh produce, household essentials, electronics, appliances, office supplies, furniture, and health and beauty items.