PriceSmart reports FY2026 Q4 results and opens third Jamaican club
PriceSmart announced that fiscal fourth‑quarter 2026 revenue rose 13.9% year‑over‑year to $1.52 billion and net income grew 19.3% to $37.6 million, or $1.21 per diluted share. Comparable net merchandise sales for clubs operating over 13½ months increased 12.2% for the quarter, with a constant‑currency gain of 6.2%. The retailer opened its third warehouse club in Montego Bay, Jamaica, and said it will have 63 clubs once four pending locations launch.
Why it matters
The company’s earnings release indicates continued top‑line momentum and higher profitability, which should support the stock’s valuation. The new Jamaican club expands the network and signals further growth in the Caribbean market.
Key facts
- 1Total revenue for Q4 2026 rose 13.9% to $1.52 billion versus the same quarter in 2025 (reported basis). prnewswire.com
- 2Net merchandise sales for Q4 2026 increased 13.8% to $1.48 billion, while constant‑currency sales grew 7.8% (constant‑currency basis). prnewswire.com
- 3Net income for Q4 2026 climbed 19.3% to $37.6 million, or $1.21 per diluted share (GAAP basis). prnewswire.com
- 4Comparable net merchandise sales for clubs open >13½ months rose 12.2% for the quarter, with a constant‑currency increase of 6.2% (both comparable‑sales basis). prnewswire.com
- 5Operating income for Q4 2026 was $57.0 million, up from $52.8 million in Q4 2025 (reported basis). prnewswire.com
- 6The third Jamaican warehouse club opened in October 2026 on a five‑acre site in Montego Bay, adding a 42,000‑sq‑ft sales floor. prnewswire.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.