PriceSmart Announces the Release of its Fiscal Year 2025 Sustainability Report Highlighting Key Achievements on Sustainability
Rhea-AI Summary
PriceSmart (NASDAQ: PSMT) released its Fiscal Year 2025 Sustainability Report on April 29, 2026, outlining ESG progress across the U.S., 12 countries, and one U.S. territory. Key highlights: 48 of 56 clubs use solar, producing >36,000 MWh; origin consolidation in Asia; new vendor Code of Ethics; Women@PriceSmart reached ~9,000 engagements; Food for All collected >458 metric tons (~1M meals).
The report links sustainability actions to long‑term value and notes planned openings that would bring the network to 61 clubs.
Positive
- 48 of 56 warehouse clubs powered by solar energy
- Solar installations generated >36,000 MWh of clean electricity in FY2025
- Women@PriceSmart program achieved ~9,000 participant engagements
- Food for All campaign collected >458 metric tons, equivalent to >1 million meals
- Planned expansion to 61 clubs once five announced new locations open
Negative
- Operations span multiple countries, exposing business to currency and political risks
- Reliance on third‑party service providers creates cybersecurity and operational dependency risks
News Market Reaction – PSMT
In the Apr 29 session, PSMT declined 1.05%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"Sustainability is part of how we do business every day, supporting long-term growth and value creation. We remain focused on continuous improvement and responsible practices across our operations," said David Price, Chief Executive Officer of PriceSmart. "This year's progress demonstrates how sustainability and business performance go hand in hand."
Key Highlights from the FY2025 Sustainability Report
- Implemented an origin consolidation initiative in two cities in
Asia , enabling direct shipments to distribution centers inPanama ,Costa Rica , andGuatemala and reducing delivery times, handling, and carbon emissions. - Introduced a formal Code of Ethics for Vendors, applicable to all suppliers, contractors, and service providers, reinforcing transparency and accountability.
- Expanded renewable energy adoption, with 48 of 56 warehouse clubs powered by solar energy. Solar installations generated more than 36,000 megawatt hours of clean electricity, reducing reliance on conventional energy sources, and lowering emissions.
- Launched Women@PriceSmart, a new program focused on advancing female employees' personal and professional development, reaching nearly 9,000 total participant engagements and providing training, mentorship, and leadership development opportunities.
- FY2025 marked the third year of our Food for All campaign, and once again set a new record, bringing in more than 458 metric tons of food and providing the equivalent of more than 1 million meals in support of communities in 11 countries.
PriceSmart's FY2025 Sustainability Report reflects the company's continued focus on integrating sustainability into core business strategy, guided by its values of integrity, excellence, and community.
As PriceSmart approaches its 30th anniversary, the Company remains dedicated to advancing sustainability initiatives and delivering long term value for its shareholders.
Access the full Sustainability report at https://investors.pricesmart.com under the ESG tab.
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
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.