PriceSmart Announces Earnings Release and Conference Call Details for the Third Quarter of Fiscal 2026 and Opening of Sixth Warehouse Club in the Dominican Republic
Rhea-AI Summary
PriceSmart (NASDAQ: PSMT) will release fiscal Q3 2026 results on July 8, 2026, after market close and host an earnings conference call on July 9, 2026, at 12:00 p.m. ET.
The company opened its sixth warehouse club in the Dominican Republic in May 2026, on a five-acre site in La Romana, about 73 miles east of Santo Domingo. PriceSmart now operates 57 warehouse clubs across 12 countries and one U.S. territory and plans four additional clubs in Jamaica, Costa Rica and Guatemala, which would bring the total to 61 clubs.
Positive
- Sixth warehouse club opened in Dominican Republic in May 2026
- New La Romana club expands footprint to 57 total warehouse clubs
- Four additional clubs planned, targeting 61 clubs after openings
- Geographic diversification across 12 countries and one U.S. territory
Negative
- None.
News Market Reaction – PSMT
In the Jun 4 session, PSMT gained 1.17%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New Club Opening
The Company opened its sixth warehouse club in the
About PriceSmart
PriceSmart, headquartered in
This press release may contain forward-looking statements concerning PriceSmart, Inc.'s ("PriceSmart", the "Company" or "we") anticipated future revenues and earnings, adequacy of future cash flows, future dividends, omni-channel initiatives, proposed warehouse club and distribution center openings, the Company's performance relative to competitors and related matters. These forward-looking statements include, but are not limited to, statements containing the words "expect," "believe," "will," "may," "should," "project," "estimate," "anticipated," "scheduled," "intend," and like expressions, and the negative thereof. These statements are subject to risks and uncertainties that could cause actual results to differ materially including, but not limited to: various political, economic and compliance risks associated with our international operations, including the effects of tariffs and/or international trade wars and disruptions to remittances, adverse changes in economic conditions in our markets, natural disasters, volatility in currency exchange rates and illiquidity of certain local currencies in our markets, competition, consumer and small business spending patterns, political instability, increased costs associated with the integration of online commerce with our traditional business, whether the Company can successfully execute strategic initiatives, our reliance on third party service providers, including those who support transaction and payment processing, data security and other technology services, cybersecurity breaches that could cause disruptions in our systems or jeopardize the security of Member, employee or business information, cost increases from product and service providers, interruption of supply chains, exposure to product liability claims and product recalls, recoverability of moneys owed to PriceSmart from governments, and other important factors discussed in the Risk Factors section of the Company's most recent Annual Report on Form 10-K, and other factors discussed from time to time in other filings with the SEC, which are accessible on the SEC's website at www.sec.gov, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date that they are made, and the Company does not undertake to update them, except as required by law. In addition, these risks are not the only risks that the Company faces. The Company could also be affected by additional factors that apply to all companies operating globally and, in the U.S., as well as other risks that are not presently known to the Company or that the Company considers to be immaterial.
For further information, please contact Investor Relations (858) 404-8826 or send an email to ir@pricesmart.com.
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SOURCE PriceSmart, Inc.