Here are the 10-K annual reports from Pricesmart Inc (PSMT) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PSMT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PSMT filings page.
PriceSmart, Inc. reported fiscal 2026 digital-channel sales of $387.4 million, up 26.3% year over year and equal to 6.7% of net merchandise sales. Net cash provided by operations was $307.7 million, compared with $261.3 million in fiscal 2025. Capital expenditures totaled $211.3 million, including $143.8 million for growth projects.
PriceSmart had 58 warehouse clubs as of August 31, 2026, then opened its third Jamaica club in the first quarter of fiscal 2027. Four additional clubs are planned in Jamaica, Costa Rica, Guatemala and Chile; once open, the company expects 63 clubs. It also expects three distribution centers to open in fiscal 2027, in Jamaica, the Dominican Republic and Chile. The RELEX supply-chain software rollout is taking longer than anticipated, and PriceSmart no longer expects full implementation by the second quarter of fiscal 2027.
At August 31, 2026, Trinidad-dollar cash and short- and long-term investments measured $53.8 million. The company said the timing and availability of U.S. dollars for conversion remain uncertain and that it may incur significant premium costs.
PriceSmart, Inc. filed its annual report for fiscal 2025, highlighting steady expansion, stronger membership economics, and growing digital capabilities across Central America, the Caribbean, and Colombia.
The company operated 56 warehouse clubs as of August 31, 2025, with land secured for a sixth club in the Dominican Republic and two additional clubs in Jamaica, all anticipated to open in 2026. Management is advancing an expansion into Chile, supported by an executory site agreement and a country general manager. Digital channel sales reached $306.7 million, up 21.6% year over year and representing 6.0% of net merchandise sales. Private-label penetration rose to 28.1% of total merchandise sales.
Membership remains a core driver: fees equaled 1.7% of net merchandise sales and 36.8% of operating income in 2025. Platinum Membership accounts increased to 17.9% of the base (from 12.3% a year earlier), and deferred membership income was $41.7 million as of August 31, 2025. Ongoing investments include distribution centers (including China), the RELEX supply platform, the Elera POS rollout, and a native mobile app migration to enhance speed, reliability, and checkout.
As of October 24, 2025, 30,888,771 shares of common stock were outstanding.