Every 8-K that Pricesmart Inc (PSMT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, 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 reported strong fiscal Q3 2026 growth with expansion plans into new markets. Total revenues for the quarter ended May 31, 2026 rose 12.5% to $1.48 billion, driven by a 12.5% increase in net merchandise sales to $1.45 billion. Comparable net merchandise sales for clubs open more than 13½ months grew 10.7%, or 6.9% on a constant-currency basis, with foreign exchange adding a 3.8% tailwind.
Operating income increased to $65.6 million from $56.2 million, while net income rose 12.9% to $39.7 million, or $1.28 per diluted share, compared with $1.14 a year earlier. Adjusted EBITDA reached $90.4 million versus $79.0 million in the prior-year quarter.
For the first nine months of fiscal 2026, total revenues were $4.36 billion, up 10.7%, and net income was $128.9 million, or $4.18 per diluted share. The company operated 57 warehouse clubs as of May 31, 2026 and plans its first club in Chile and an eleventh club in Costa Rica, contributing to a planned total of 63 clubs once six announced new locations are open.
PriceSmart, Inc. reported solid growth for its fiscal second quarter ended February 28, 2026. Total revenues rose 9.7% to $1.50 billion, driven by a 9.9% increase in net merchandise sales to $1.47 billion. Comparable net merchandise sales grew 7.6%, or 5.5% on a constant-currency basis.
Operating income increased to $75.4 million, while net income climbed 12.2% to $49.1 million, or $1.62 per diluted share, up from $1.45 a year earlier. Adjusted EBITDA reached $99.7 million versus $87.0 million in the prior-year quarter.
The company operated 56 warehouse clubs as of February 28, 2026 and plans five additional clubs, including its eighth club in Guatemala in Villa Nueva, anticipated to open in the spring of 2027. Once these locations open, PriceSmart expects to operate 61 clubs across its markets.
PriceSmart, Inc. reported results of its Annual Meeting of Stockholders and declared its 2026 annual cash dividend. All director nominees were re-elected, stockholders approved on an advisory basis the 2025 executive compensation, and ratified Ernst & Young LLP as independent auditor for the year ending August 31, 2026.
The Board declared an annual cash dividend of $1.40 per share, to be paid in two installments of $0.70 per share on February 27, 2026 and August 31, 2026 to stockholders of record on February 17, 2026 and August 17, 2026, respectively. The company stated it anticipates ongoing annual dividends, with each future dividend subject to Board review of financial performance, capital needs, and macroeconomic conditions.
PriceSmart, Inc. filed a current report to note that it has released financial results for its first quarter ended November 30, 2025. On January 7, 2026, the company issued a press release discussing its results of operations and financial condition for that period, which is included as Exhibit 99.1. The common stock of PriceSmart continues to trade on the NASDAQ Global Select Market under the symbol PSMT.
PriceSmart (PSMT) furnished an update on its results of operations for the fourth quarter ended August 31, 2025 via an Item 2.02 Form 8-K. The company attached a press release as Exhibit 99.1. The information in the exhibit is deemed “furnished” and not “filed” under the Exchange Act.
PriceSmart, Inc. is updating the compensation package for its new Chief Executive Officer, David Price, without changing his total annual pay. The Compensation and Human Capital Committee adjusted the mix by increasing his base salary and reducing equity awards.
Mr. Price’s base salary rises from $1,500,000 to $2,000,000 per year, his target annual cash incentive award remains $500,000, and the targeted annual vesting of equity incentive awards is revised from $3,000,000 to $2,500,000 based on grant-date value. An amendment to his Amended and Restated Employment Agreement dated September 4, 2025 updates the base salary amount retroactive to September 1, 2025.
PriceSmart has filed an 8-K/A amendment to report significant changes in executive compensation and leadership. David Price will be promoted from Executive Vice President and Chief Transformation Officer to Chief Executive Officer, effective September 1, 2025.
Key compensation details approved by the Compensation Committee on June 17, 2025 include:
- Base salary increase to $1,500,000 annually
- Target annual cash incentive of $500,000
- Annual equity incentive awards targeted at $3,000,000 (grant-date value)
The Amended and Restated Employment Agreement includes severance provisions if terminated without cause, including: one-year salary continuation, 12-month health benefits, unpaid/pro-rata bonus payments, and accelerated vesting of certain equity awards. The agreement contains standard confidentiality and non-solicitation provisions, with automatic annual renewal unless 60 days' notice is provided by either party.