The Latest Breaking News from PSMT

Discount retailers are positioned for strong gains in the U.S. market, as a confluence of economic variables drives consumers to look for affordable options when they purchase. Given this backdrop, it could be wise to load up the shares of Costco Wholesale Corp. (COST), Burlington Stores (BURL), and PriceSmart (PSMT)…

The retail market is expected to thrive in the near term, owing to the robust retail sales driven by employment gains and strong demand for groceries despite sticky inflation. Against this backdrop, fundamentally strong retail stocks such as Colruyt Group (CUYTY), PriceSmart (PSMT), and Marks and Spencer Group (MAKSY) could…

Despite market volatility, the grocery industry benefits from inelastic demand for its products and services, which keeps it afloat. As the industry remains resilient, it could be wise to scoop up stable grocery stocks, Walmart (WMT), PriceSmart (PSMT), and Ingles Markets (IMKTA). Read on.

In addition to the sector facing lesser volatility, the grocery industry is expanding operations with the help of digitization. As the industry continues to be on an uptick, it could be wise to scoop up the shares of three top-rated grocery stocks, Walmart (WMT), Marui Group (MAURY), and PriceSmart (PSMT).…

Retail sales grew sequentially in May as inflation continued to cool. With retail sales expected to grow between 4% and 6% this year, discount retailers Walmart (WMT) and PriceSmart (PSMT) stand to benefit. Let’s compare these two stocks to identify the better buy now….

Consumer spending rose while retail sales rebounded in April, indicating the economy's strength. Retail sales are expected to remain robust despite the growing possibility of a recession. Therefore, it could be wise to consider buying fundamentally strong big-box retailers stocks, Koninklijke Ahold Delhaize (ADRNY), Casey’s General Stores (CASY), and PriceSmart…

U.S. inflation running hotter-than-expected has led the benchmark indices to end the last week in the red. On top of it, the World Bank has warned of stagflation and slashed its global growth forecast. Amid this volatile situation, fundamentally solid stocks in the consumer defensive sector Kellogg (K), Kroger (KR),…

Many analysts believe that the U.S. economy is slipping into recession. We think investors looking to dodge the recessionary pressure could bet on discount retail stocks Costco (COST), Walmart (WMT), BJ’s Wholesale (BJ), PriceSmart (PSMT), and Target (TGT). So, let’s discuss.

According to Benzinga Pro, during Q2, Pricesmart (NASDAQ:PSMT) earned $31.46 million, a 3.05% increase from the preceding quarter. Pricesmart also posted a total of $1.04 billion in sales, a 6.53% increase since Q1.