PriceSmart Inc. (NASDAQ:PSMT) shares soared to a 52-week high of $99.31, reflecting a bullish sentiment among investors as the company continues to capitalize on its strategic initiatives. According to InvestingPro data, the company maintains a "GREAT" financial health score of 3.13, supported by strong balance sheet metrics and consistent dividend payments for 19 consecutive years. The international warehouse club operator has seen its stock price surge by 19.34% over the past year, with revenue growing at 8.65% and trading at a P/E ratio of 19.57. This impressive ascent to the new 52-week high underscores the company’s resilience and the effectiveness of its business model in attracting and retaining members while expanding its footprint in the competitive retail space. Discover more insights about PSMT and 1,400+ other stocks with comprehensive Pro Research Reports, available exclusively on InvestingPro.
In other recent news, PriceSmart Inc. reported its Q2 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $1.45 compared to the projected $1.40. The company also exceeded revenue forecasts, posting $1.36 billion against the anticipated $1.34 billion. Notably, net merchandise sales increased by 5.8% year-over-year, reaching $1.3 billion. PriceSmart saw a 19.3% growth in digital channel sales, contributing to an overall positive performance. Membership accounts rose by 4.1% to over 1.9 million, with a notable increase in Platinum membership accounts. Additionally, PriceSmart plans to expand its presence in Guatemala with the opening of a new warehouse club this summer, bringing the total to 56 clubs. The company continues to invest in technology and digital channels, projecting an effective tax rate of 27-29%. These developments highlight PriceSmart’s strategic focus on growth and market expansion.
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