PriceSmart posts FY 2026 revenue growth but misses EPS expectations amid higher costs
PriceSmart Inc. reported fiscal 2026 revenue of $5.88 billion, an 11.5% increase on a reported basis and an 8.4% increase in constant currency. Net income rose 12.6% to $166.6 million and diluted EPS reached $5.40, up 12.0% year‑over‑year, but EPS missed analyst forecasts because selling, general and administrative expenses rose to 13.2% of revenue. The company announced plans to open four new clubs in 2027, expand into Chile, and continue investing in technology and membership growth.
Why it matters
The higher expense ratio signals margin pressure that could limit near‑term profitability, even as top‑line growth remains strong (the company noted the expense increase in its earnings call). Investors should watch operating expense trends and the impact of the upcoming club openings on cash flow.
Key facts
- 1Fiscal 2026 revenue was $5.88 billion, up 11.5% on a reported basis. tradingview.com
- 2Fiscal 2026 revenue was $5.88 billion, up 8.4% in constant currency. investing.com
- 3Net income increased 12.6% to $166.6 million. investing.com
- 4Diluted EPS was $5.40, up 12.0% from $4.82 in fiscal 2025. investing.com
- 5Selling, general and administrative expenses were 13.2% of revenue. investing.com
- 6Membership accounts grew 8.7% year‑over‑year to 2.19 million, with renewal rates at 90.4%. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.