Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 6 highly experienced directors. Independent Director John Thelan was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 07
PriceSmart, Inc. to Report Q2, 2026 Results on Apr 08, 2026 PriceSmart, Inc. announced that they will report Q2, 2026 results After-Market on Apr 08, 2026 Duyuru • Feb 06
PriceSmart, Inc. Declares an Annual Cash Dividend, Payable on February 27, 2026 and August 31, 2026 PriceSmart, Inc. declared an annual cash dividend in the total amount of $1.40 per share, with $0.70 per share payable on February 27, 2026 to stockholders of record as of February 17, 2026 and $0.70 per share payable on August 31, 2026 to stockholders of record as of August 17, 2026. This represents an 11.1% increase over last year's $1.26 per share dividend, which was paid in two $0.63 per share installments. The decision by the Board of Directors to increase the annual dividend by 11.1% reflects the Board's confidence in PriceSmart and the strength of its cash generating activities. Duyuru • Dec 22
PriceSmart, Inc., Annual General Meeting, Feb 05, 2026 PriceSmart, Inc., Annual General Meeting, Feb 05, 2026. Duyuru • Dec 04
PriceSmart, Inc. to Report Q1, 2026 Results on Jan 07, 2026 PriceSmart, Inc. announced that they will report Q1, 2026 results After-Market on Jan 07, 2026 Duyuru • Sep 09
PriceSmart, Inc. to Report Q4, 2025 Results on Oct 30, 2025 PriceSmart, Inc. announced that they will report Q4, 2025 results After-Market on Oct 30, 2025 Duyuru • Jun 02
PriceSmart, Inc. to Report Q3, 2025 Results on Jul 10, 2025 PriceSmart, Inc. announced that they will report Q3, 2025 results After-Market on Jul 10, 2025 Duyuru • Feb 28
PriceSmart, Inc. to Report Q2, 2025 Results on Apr 09, 2025 PriceSmart, Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025 Duyuru • Feb 08
PriceSmart, Inc. Announces Increase to Annual Dividend, Payable on February 28, 2025 and August 29, 2025 Respectively On February 6, 2025, the PriceSmart, Inc.'s Board of Directors declared an annual cash dividend in the total amount of $1.26 per share, with $0.63 per share payable on February 28, 2025 to stockholders of record as of February 18, 2025 and $0.63 per share payable on August 29, 2025 to stockholders of record as of August 15, 2025. This represents an 8.6% increase over last year's $1.16 per share dividend, which was paid in two $0.58 per share installments. The decision to increase the annual dividend by 8.6% by the Board of Directors reflects the Board's confidence in PriceSmart and the strength of its cash generating activities. Duyuru • Dec 20
PriceSmart, Inc., Annual General Meeting, Feb 06, 2025 PriceSmart, Inc., Annual General Meeting, Feb 06, 2025. Duyuru • Dec 04
PriceSmart, Inc. to Report Q1, 2025 Results on Jan 09, 2025 PriceSmart, Inc. announced that they will report Q1, 2025 results After-Market on Jan 09, 2025 Recent Insider Transactions • Nov 11
President & COO recently sold €701k worth of stock On the 8th of November, John Hildebrandt sold around 8k shares on-market at roughly €83.95 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. John has been a net seller over the last 12 months, reducing personal holdings by €1.3m. Reported Earnings • Nov 01
Full year 2024 earnings released: EPS: US$4.62 (vs US$3.51 in FY 2023) Full year 2024 results: EPS: US$4.62 (up from US$3.51 in FY 2023). Revenue: US$4.91b (up 11% from FY 2023). Net income: US$138.9m (up 29% from FY 2023). Profit margin: 2.8% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Duyuru • Sep 03
PriceSmart, Inc. to Report Q4, 2024 Results on Oct 30, 2024 PriceSmart, Inc. announced that they will report Q4, 2024 results After-Market on Oct 30, 2024 Upcoming Dividend • Aug 08
Upcoming dividend of US$0.58 per share Eligible shareholders must have bought the stock before 15 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 25% and the cash payout ratio is 80%. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.1%). Recent Insider Transactions • Jul 19
Director recently sold €1.8m worth of stock On the 17th of July, Sherry Bahrambeygui sold around 23k shares on-market at roughly €79.07 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.8m more than they bought in the last 12 months. Reported Earnings • Jul 11
Third quarter 2024 earnings released: EPS: US$1.08 (vs US$0.94 in 3Q 2023) Third quarter 2024 results: EPS: US$1.08 (up from US$0.94 in 3Q 2023). Revenue: US$1.23b (up 12% from 3Q 2023). Net income: US$32.5m (up 12% from 3Q 2023). Profit margin: 2.6% (down from 2.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 12
Director recently sold €794k worth of stock On the 8th of May, Sherry Bahrambeygui sold around 10k shares on-market at roughly €79.36 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Recent Insider Transactions • May 02
President & COO recently sold €459k worth of stock On the 29th of April, John Hildebrandt sold around 6k shares on-market at roughly €76.46 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Declared Dividend • Apr 19
Dividend of US$0.58 announced Shareholders will receive a dividend of US$0.58. Ex-date: 15th August 2024 Payment date: 30th August 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next year, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Apr 12
Upcoming dividend of US$1.00 per share Eligible shareholders must have bought the stock before 18 April 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%). Duyuru • Apr 10
PriceSmart, Inc. Declares One-Time Special Dividend, Payable on April 30, 2024 PriceSmart, Inc. announced the company has decided to distribute excess cash to stockholders in the form of a special dividend. On April 3, 2024, the Company's Board of Directors declared a one-time $1.00 per share special dividend payable on April 30, 2024 to stockholders of record on April 19, 2024. Duyuru • Mar 02
PriceSmart, Inc. to Report Q2, 2024 Results on Apr 09, 2024 PriceSmart, Inc. announced that they will report Q2, 2024 results on Apr 09, 2024 Declared Dividend • Feb 15
Dividend of US$0.58 announced Shareholders will receive a dividend of US$0.58. Ex-date: 15th August 2024 Payment date: 30th August 2024 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next year, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Feb 12
Dividend of US$0.58 announced Shareholders will receive a dividend of US$0.58. Ex-date: 14th February 2024 Payment date: 29th February 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next year, which should provide support to the dividend and adequate earnings cover. Duyuru • Feb 02
Pricesmart, Inc. Declares Cash Dividend, Payable on February 29, 2024 and August 30, 2024, Respectively PriceSmart, Inc. announced On February 1, 2024, the Company's Board of Directors declared its annual cash dividend in the total amount of $1.16 per share, with $0.58 per share payable on February 29, 2024 to stockholders of record as of February 15, 2024 and $0.58 per share payable on August 30, 2024 to stockholders of record as of August 15, 2024. This represents a 26% increase over last year's $0.92 per share dividend, payable in two $0.46 per share installments. The decision to increase the annual dividend by 26 % by the Board of Directors reflects the Board's confidence in PriceSmart and the strength of its cash generating activities. Reported Earnings • Jan 10
First quarter 2024 earnings released: EPS: US$1.26 (vs US$1.05 in 1Q 2023) First quarter 2024 results: EPS: US$1.26 (up from US$1.05 in 1Q 2023). Revenue: US$1.17b (up 11% from 1Q 2023). Net income: US$38.0m (up 18% from 1Q 2023). Profit margin: 3.3% (up from 3.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Duyuru • Dec 20
PriceSmart, Inc., Annual General Meeting, Feb 01, 2024 PriceSmart, Inc., Annual General Meeting, Feb 01, 2024, at 08:30 Central Standard Time. Agenda: To elect directors for the ensuing year, to serve until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified; to approve, on an advisory basis, the compensation of the Company’s executive officers for fiscal year 2023; to approve, on an advisory basis, the frequency of holding an advisory vote on executive compensation; to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for the limitation of liability of officers of the Company as permitted pursuant to a recent amendment to the General Corporation Laws of Delaware (“DGCL”); to ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2024; and to transact such other business as may be properly brought before the Annual Meeting or any adjournment thereof. Duyuru • Dec 02
PriceSmart, Inc. to Report Q1, 2024 Results on Jan 09, 2024 PriceSmart, Inc. announced that they will report Q1, 2024 results After-Market on Jan 09, 2024 Reported Earnings • Oct 31
Full year 2023 earnings released: EPS: US$3.55 (vs US$3.38 in FY 2022) Full year 2023 results: EPS: US$3.55 (up from US$3.38 in FY 2022). Revenue: US$4.41b (up 8.5% from FY 2022). Net income: US$109.2m (up 5.7% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Duyuru • Sep 06
PriceSmart, Inc. to Report Q4, 2023 Results on Oct 30, 2023 PriceSmart, Inc. announced that they will report Q4, 2023 results After-Market on Oct 30, 2023 Upcoming Dividend • Aug 07
Upcoming dividend of US$0.46 per share at 1.2% yield Eligible shareholders must have bought the stock before 14 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.3%). Duyuru • Jul 29
PriceSmart, Inc. Announces Organizational Changes PriceSmart, Inc. announced that David Price, formerly the Executive Vice President and Chief of Staff to the Interim CEO, has been appointed as Executive Vice President and Chief Transformation Officer, effective immediately. The company expects this organizational change will promote better collaboration, alignment, and agility within the Company. On July 1, 2023, PriceSmart welcomed Wayne Sadin as Chief Information Officer. Mr. Sadin is responsible for overseeing all aspects of the Company's technology systems, data management, cybersecurity, and digital innovation. His focus is on aligning information technology strategy with business objectives while fostering a culture of continuous improvement, improving operational efficiencies, and enabling organization to leverage technology as a strategic advantage. Duyuru • Jul 12
PriceSmart, Inc. (NasdaqGS:PSMT) announces an Equity Buyback for $75 million worth of its shares. PriceSmart, Inc. (NasdaqGS:PSMT) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its shares. Reported Earnings • Jul 11
Third quarter 2023 earnings released: EPS: US$0.96 (vs US$0.62 in 3Q 2022) Third quarter 2023 results: EPS: US$0.96 (up from US$0.62 in 3Q 2022). Revenue: US$1.10b (up 6.4% from 3Q 2022). Net income: US$29.6m (up 56% from 3Q 2022). Profit margin: 2.7% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year. Duyuru • Jun 02
PriceSmart, Inc. to Report Q3, 2023 Results on Jul 10, 2023 PriceSmart, Inc. announced that they will report Q3, 2023 results After-Market on Jul 10, 2023 Recent Insider Transactions • Apr 18
Executive VP recently sold €281k worth of stock On the 13th of April, Francisco Velasco sold around 4k shares on-market at roughly €70.22 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €677k. Insiders have been net sellers, collectively disposing of €6.2m more than they bought in the last 12 months. Reported Earnings • Apr 11
Second quarter 2023 earnings released: EPS: US$1.02 (vs US$1.03 in 2Q 2022) Second quarter 2023 results: EPS: US$1.02 (down from US$1.03 in 2Q 2022). Revenue: US$1.14b (up 10.0% from 2Q 2022). Net income: US$31.3m (flat on 2Q 2022). Profit margin: 2.7% (down from 3.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year. Recent Insider Transactions • Feb 17
CEO & Director recently sold €677k worth of stock On the 10th of February, Sherry Bahrambeygui sold around 10k shares on-market at roughly €67.68 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.9m. Sherry has been a net seller over the last 12 months, reducing personal holdings by €2.6m. Duyuru • Feb 11
PriceSmart, Inc. Announces Resignation of Juan Ignacio Biehl as Executive Vice President and Chief Technology Officer On February 3, 2023, Juan Ignacio Biehl, Executive Vice President and Chief Technology Officer of PriceSmart, Inc. informed the Company’s Interim Chief Executive Officer that he plans to resign to pursue other opportunities. The Company and Mr. Biehl have not set a last day of employment for Mr. Biehl, and the Company intends to work with Mr. Biehl on transition matters in the meantime. Buying Opportunity • Feb 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.4%. The fair value is estimated to be €85.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 6.7% in a year. Earnings is forecast to grow by 13% in the next year. Recent Insider Transactions • Jan 31
Insider recently sold €80k worth of stock On the 27th of January, Christopher Souhrada sold around 1k shares on-market at roughly €65.38 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €5.1m more than they bought in the last 12 months. Recent Insider Transactions • Jan 18
President & COO recently sold €587k worth of stock On the 12th of January, John Hildebrandt sold around 9k shares on-market at roughly €65.13 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Reported Earnings • Jan 10
First quarter 2023 earnings released: EPS: US$1.07 (vs US$0.98 in 1Q 2022) First quarter 2023 results: EPS: US$1.07 (up from US$0.98 in 1Q 2022). Revenue: US$1.05b (up 8.1% from 1Q 2022). Net income: US$32.9m (up 9.9% from 1Q 2022). Profit margin: 3.1% (in line with 1Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Dec 17
PriceSmart, Inc. to Report Q1, 2023 Results on Jan 09, 2023 PriceSmart, Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 09, 2023 Recent Insider Transactions • Nov 16
Independent Director recently sold €203k worth of stock On the 7th of November, Edgar A. Zurcher sold around 3k shares on-market at roughly €70.81 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €609k. Insiders have been net sellers, collectively disposing of €2.2m more than they bought in the last 12 months. Recent Insider Transactions • Nov 09
Independent Director recently sold €203k worth of stock On the 7th of November, Edgar A. Zurcher sold around 3k shares on-market at roughly €70.81 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €609k. Insiders have been net sellers, collectively disposing of €2.0m more than they bought in the last 12 months. Reported Earnings • Nov 02
Full year 2022 earnings released: EPS: US$3.38 (vs US$3.18 in FY 2021) Full year 2022 results: EPS: US$3.38 (up from US$3.18 in FY 2021). Revenue: US$4.07b (up 12% from FY 2021). Net income: US$103.3m (up 6.8% from FY 2021). Profit margin: 2.5% (down from 2.7% in FY 2021). The decrease in margin was driven by higher expenses. Like-for-like sales growth: Down 2.2% vs FY 2021 Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Oct 12
PriceSmart, Inc. to Report Q4, 2022 Results on Oct 31, 2022 PriceSmart, Inc. announced that they will report Q4, 2022 results After-Market on Oct 31, 2022 Recent Insider Transactions • Sep 29
Founder & Independent Chairman recently sold €609k worth of stock On the 27th of September, Robert Price sold around 10k shares on-market at roughly €60.94 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €710k. Robert has been a net seller over the last 12 months, reducing personal holdings by €2.0m. Upcoming Dividend • Aug 05
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 12 August 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.4%). Reported Earnings • Jul 13
Third quarter 2022 earnings released: EPS: US$0.62 (vs US$0.73 in 3Q 2021) Third quarter 2022 results: EPS: US$0.62 (down from US$0.73 in 3Q 2021). Revenue: US$1.03b (up 15% from 3Q 2021). Net income: US$18.9m (down 14% from 3Q 2021). Profit margin: 1.8% (down from 2.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.0%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 08
Founder & Independent Chairman recently sold €710k worth of stock On the 6th of July, Robert Price sold around 10k shares on-market at roughly €71.02 per share. This was the largest sale by an insider in the last 3 months. Robert has been a seller over the last 12 months, reducing personal holdings by €2.1m. Duyuru • Jul 06
PriceSmart, Inc. to Report Q3, 2022 Results on Jul 11, 2022 PriceSmart, Inc. announced that they will report Q3, 2022 results After-Market on Jul 11, 2022 Duyuru • May 28
PriceSmart Announces Appointment of John D. Hildebrandt as Chief Operating Officer PriceSmart, Inc.,previously announced that John D. Hildebrandt had been appointed Acting Chief Operating Officer, effective March 1, 2022. On May 23, 2022, the Compensation Committee of the Board of Directors of the Company approved Mr. Hildebrandt’s appointment as Chief Operating Officer in an ongoing, as opposed to acting, capacity. The Compensation Committee also approved increased compensation for Mr. Hildebrandt associated with his promotion from Executive Vice President—Operations to Chief Operating Officer, retroactive to May 1, 2022. Recent Insider Transactions • Apr 27
Insider recently sold €246k worth of stock On the 19th of April, Juan Biehl sold around 3k shares on-market at roughly €76.31 per share. In the last 3 months, there was an even bigger sale from another insider worth €713k. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Recent Insider Transactions • Apr 24
Insider recently sold €246k worth of stock On the 19th of April, Juan Biehl sold around 3k shares on-market at roughly €76.31 per share. In the last 3 months, there was an even bigger sale from another insider worth €713k. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Reported Earnings • Apr 08
Second quarter 2022 earnings released: EPS: US$1.03 (vs US$0.93 in 2Q 2021) Second quarter 2022 results: EPS: US$1.03 (up from US$0.93 in 2Q 2021). Revenue: US$1.04b (up 11% from 2Q 2021). Net income: US$31.5m (up 12% from 2Q 2021). Profit margin: 3.0% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 6.1%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Recent Insider Transactions • Apr 02
Founder & Independent Chairman recently sold €713k worth of stock On the 30th of March, Robert Price sold around 10k shares on-market at roughly €71.25 per share. This was the largest sale by an insider in the last 3 months. Robert has been a seller over the last 12 months, reducing personal holdings by €1.4m. Duyuru • Mar 31
PriceSmart, Inc. to Report Q2, 2022 Results on Apr 07, 2022 PriceSmart, Inc. announced that they will report Q2, 2022 results After-Market on Apr 07, 2022 Duyuru • Mar 03
PriceSmart, Inc. Announces Management Changes PriceSmart, Inc. announced February 25th the resignation by mutual agreement of its Executive Vice President and Chief Operating Officer, William J. Naylon, effective February 28, 2022. Mr. Naylon has agreed to support the Acting COO and make himself available at the Company’s request for up to 100 hours of transition support during the twelve months following his resignation. Upon Mr. Naylon’s resignation, John D. Hildebrant will become Acting Chief Operating Officer. Mr. Hildebrandt currently serves as the Company’s Executive Vice President—Operations, a position he has held since February 2010. Duyuru • Feb 06
PriceSmart, Inc. Announces Annual Cash Dividend, Payable on February 28, 2022 and August 31, 2022 PriceSmart, Inc. declared an annual cash dividend in the total amount of $0.86 per share, with $0.43 per share payable on February 28, 2022 to stockholders of record as of February 15, 2022 and $0.43 per share payable on August 31, 2022 to stockholders of record as of August 15, 2022. Reported Earnings • Jan 07
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: US$1.00 (up from US$0.90 in 1Q 2021). Revenue: US$975.4m (up 11% from 1Q 2021). Net income: US$30.5m (up 12% from 1Q 2021). Profit margin: 3.1% (in line with 1Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.4%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Nov 06
Insider recently sold €432k worth of stock On the 1st of November, Juan Biehl sold around 7k shares on-market at roughly €62.62 per share. In the last 3 months, there was an even bigger sale from another insider worth €692k. Insiders have been net sellers, collectively disposing of €7.0m more than they bought in the last 12 months. Reported Earnings • Oct 23
Full year 2021 earnings released: EPS US$3.18 (vs US$2.55 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$3.62b (up 8.7% from FY 2020). Net income: US$96.7m (up 25% from FY 2020). Profit margin: 2.7% (up from 2.3% in FY 2020). The increase in margin was driven by higher revenue. Like-for-like sales growth: Down 2.3% vs FY 2020 Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 30
Founder & Independent Chairman recently sold €692k worth of stock On the 28th of September, Robert Price sold around 10k shares on-market at roughly €69.19 per share. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Upcoming Dividend • Aug 05
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 12 August 2021. Payment date: 31 August 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.8%). Reported Earnings • Jul 10
Third quarter 2021 earnings released: EPS US$0.73 (vs US$0.41 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$895.3m (up 12% from 3Q 2020). Net income: US$22.2m (up 77% from 3Q 2020). Profit margin: 2.5% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Recent Insider Transactions • Apr 16
CEO & Director recently sold €584k worth of stock On the 14th of April, Sherry Bahrambeygui sold around 8k shares on-market at roughly €74.86 per share. In the last 3 months, they made an even bigger sale worth €842k. Sherry has been a seller over the last 12 months, reducing personal holdings by €2.2m. Reported Earnings • Apr 12
Second quarter 2021 earnings released: EPS US$0.93 (vs US$0.84 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$937.6m (up 3.4% from 2Q 2020). Net income: US$28.1m (up 10% from 2Q 2020). Profit margin: 3.0% (up from 2.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Duyuru • Mar 06
PriceSmart, Inc. to Report Q2, 2021 Results on Apr 08, 2021 PriceSmart, Inc. announced that they will report Q2, 2021 results After-Market on Apr 08, 2021 Recent Insider Transactions • Feb 13
CEO & Director recently sold €842k worth of stock On the 8th of February, Sherry Bahrambeygui sold around 10k shares on-market at roughly €84.16 per share. This was the largest sale by an insider in the last 3 months. Sherry has been a seller over the last 12 months, reducing personal holdings by €1.7m. Is New 90 Day High Low • Feb 11
New 90-day high: €84.50 The company is up 34% from its price of €63.00 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €173 per share. Duyuru • Feb 06
PriceSmart, Inc. Announces Board Changes PriceSmart, Inc. announced that Patricia Márquez and David Snyder as elected as directors at the annual general meeting held on February 4, 2021. Executive Departure • Feb 06
Independent Director has left the company On the 4th of February, Gary Malino's tenure as Independent Director ended after 4.8 years in the role. As of September 2020, Gary personally held 4.25k shares (€242k worth at the time). Gary is the only executive to leave the company over the last 12 months. Recent Insider Transactions • Jan 15
CEO & Director recently sold €817k worth of stock On the 13th of January, Sherry Bahrambeygui sold around 10k shares on-market at roughly €81.65 per share. This was the largest sale by an insider in the last 3 months. This was Sherry's only on-market trade for the last 12 months. Reported Earnings • Jan 09
First quarter 2021 earnings released: EPS US$0.91 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$877.4m (up 8.1% from 1Q 2020). Net income: US$27.7m (up 43% from 1Q 2020). Profit margin: 3.2% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Analyst Estimate Surprise Post Earnings • Jan 09
Revenue beats expectations Revenue exceeded analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 5.4%, compared to a 1.7% growth forecast for the Consumer Retailing industry in Germany. Is New 90 Day High Low • Jan 06
New 90-day high: €79.00 The company is up 35% from its price of €58.50 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €404 per share. Duyuru • Dec 19
PriceSmart, Inc., Annual General Meeting, Feb 04, 2021 PriceSmart, Inc., Annual General Meeting, Feb 04, 2021, at 10:00 Pacific Standard Time. Agenda: To elect directors for the ensuing year, to serve until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified; to approve, on an advisory basis, the compensation of the Company's executive officers for fiscal year 2020; to approve a proposed amendment to the company's 2013 Equity Incentive Award Plan, as amended, to increase the number of shares of Common Stock available for the grant of awards by 500,000 shares; to ratify the selection of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending August 31, 2021; and to transact such other business as may be properly brought before the Annual Meeting or any adjournment thereof. Duyuru • Dec 10
PriceSmart, Inc. to Report Q1, 2021 Results on Jan 07, 2021 PriceSmart, Inc. announced that they will report Q1, 2021 results at 5:00 PM, Eastern Standard Time on Jan 07, 2021 Is New 90 Day High Low • Dec 04
New 90-day high: €70.00 The company is up 26% from its price of €55.50 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €341 per share. Valuation Update With 7 Day Price Move • Nov 14
Market bids up stock over the past week After last week's 15% share price gain to US$64.50, the stock is trading at a trailing P/E ratio of 30.4x, up from the previous P/E ratio of 26.4x. This compares to an average P/E of 21x in the Consumer Retailing industry in Europe. Total return to shareholders over the past three years is a loss of 3.4%.