PriceSmart | 8-K: FY2026 Q3 Revenue Beats Estimate at USD 1.482 B

Revenue: As of FY2026 Q3, the actual value is USD 1.482 B, beating the estimate of USD 1.453 B.

EPS: As of FY2026 Q3, the actual value is USD 1.28, beating the estimate of USD 1.19.

EBIT: As of FY2026 Q3, the actual value is USD 65.05 M.

Third Quarter Financial Results (Three Months Ended May 31, 2026)

Revenue

Total revenues for the third quarter of fiscal year 2026 increased 12.5% to $1.48 billion, compared to $1.32 billion in the prior-year period.
Net merchandise sales increased 12.5% to $1.45 billion from $1.29 billion in the third quarter of fiscal year 2025.
Net merchandise sales - constant currency increased 8.5% over the comparable prior-year period.
Membership income was $25,709 thousand, up from $21,857 thousand in the prior-year period.
Export sales were $637 thousand, compared to $990 thousand in the prior-year period.
Other revenue and income totaled $4,749 thousand, up from $4,445 thousand in the prior-year period.

Operational Metrics

Operating income was $65.6 million, compared to $56.2 million in the prior-year period.
Net income increased 12.9% to $39.7 million, compared to $35.2 million in the third quarter of fiscal year 2025.
Adjusted EBITDA for the third quarter was $90.4 million, compared to $79.0 million in the same period last year.
Cost of goods sold for net merchandise sales was $1,218,984 thousand, up from $1,086,680 thousand.
Cost of goods sold for export sales was $590 thousand, down from $957 thousand.
Warehouse club and other operations expenses were $144,302 thousand, compared to $125,745 thousand.
General and administrative expenses were $51,405 thousand, compared to $47,070 thousand.
Pre-opening expenses were $579 thousand, compared to $302 thousand.
Loss on disposal of assets was $292 thousand, compared to $305 thousand.
Interest income was $3,259 thousand, compared to $2,486 thousand.
Interest expense was - $3,850 thousand, compared to - $2,762 thousand.
Other expense, net was - $9,913 thousand, compared to - $6,888 thousand.
Provision for income taxes was - $15,446 thousand, compared to - $13,917 thousand.

Unique Metrics

The number of warehouse clubs in operation was 57 as of May 31, 2026, compared to 55 as of May 31, 2025.
Comparable net merchandise sales for 54 warehouse clubs increased 10.7%.
Comparable net merchandise sales - constant currency increased 6.9%.

Year-to-Date Financial Results (Nine Months Ended May 31, 2026)

Revenue

Total revenues for the nine months ended May 31, 2026, increased 10.7% to $4.36 billion, compared to $3.94 billion in the prior-year period.
Net merchandise sales increased 11.0% to $4.27 billion from $3.85 billion in the comparable prior-year period.
Net merchandise sales - constant currency increased 8.6% over the comparable prior-year period.
Membership income was $73,588 thousand, up from $62,971 thousand in the prior-year period.
Export sales were $1,123 thousand, down from $14,595 thousand in the prior-year period.
Other revenue and income totaled $14,315 thousand, up from $13,142 thousand in the prior-year period.

Operational Metrics

Operating income for the first nine months of fiscal year 2026 was $204.0 million, compared to $179.8 million in the prior-year period.
Net income increased 10.8% to $128.9 million, compared to $116.3 million in the first nine months of fiscal year 2025.
Adjusted EBITDA for the first nine months was $277.0 million, compared to $245.1 million in the same period last year.
Cost of goods sold for net merchandise sales was $3,587,294 thousand, up from $3,242,892 thousand.
Cost of goods sold for export sales was $1,079 thousand, down from $13,770 thousand.
Warehouse club and other operations expenses were $415,581 thousand, compared to $367,832 thousand.
General and administrative expenses were $150,455 thousand, compared to $132,669 thousand.
Pre-opening expenses were $626 thousand, compared to $617 thousand.
Loss on disposal of assets was $1,027 thousand, compared to $1,579 thousand.
Interest income was $9,840 thousand, compared to $7,441 thousand.
Interest expense was - $12,229 thousand, compared to - $7,995 thousand.
Other expense, net was - $24,079 thousand, compared to - $19,050 thousand.
Provision for income taxes was - $48,572 thousand, compared to - $43,797 thousand.

Unique Metrics

Comparable net merchandise sales for 54 warehouse clubs increased 8.8%.
Comparable net merchandise sales - constant currency increased 6.4%.

Outlook / Guidance

普尔斯玛特 (PriceSmart, Inc.) anticipates opening its first warehouse club in Chile and its eleventh club in Costa Rica by spring 2027. These planned openings, along with four other previously announced clubs, are expected to bring the company’s total number of operating warehouse clubs to 63.

Revenue: As of FY2026 Q3, the actual value is USD 1.482 B, beating the estimate of USD 1.453 B.

EPS: As of FY2026 Q3, the actual value is USD 1.28, beating the estimate of USD 1.19.

EBIT: As of FY2026 Q3, the actual value is USD 65.05 M.

Third Quarter Financial Results (Three Months Ended May 31, 2026)

Revenue

Total revenues for the third quarter of fiscal year 2026 increased 12.5% to $1.48 billion, compared to $1.32 billion in the prior-year period.
Net merchandise sales increased 12.5% to $1.45 billion from $1.29 billion in the third quarter of fiscal year 2025.
Net merchandise sales - constant currency increased 8.5% over the comparable prior-year period.
Membership income was $25,709 thousand, up from $21,857 thousand in the prior-year period.
Export sales were $637 thousand, compared to $990 thousand in the prior-year period.
Other revenue and income totaled $4,749 thousand, up from $4,445 thousand in the prior-year period.

Operational Metrics

Operating income was $65.6 million, compared to $56.2 million in the prior-year period.
Net income increased 12.9% to $39.7 million, compared to $35.2 million in the third quarter of fiscal year 2025.
Adjusted EBITDA for the third quarter was $90.4 million, compared to $79.0 million in the same period last year.
Cost of goods sold for net merchandise sales was $1,218,984 thousand, up from $1,086,680 thousand.
Cost of goods sold for export sales was $590 thousand, down from $957 thousand.
Warehouse club and other operations expenses were $144,302 thousand, compared to $125,745 thousand.
General and administrative expenses were $51,405 thousand, compared to $47,070 thousand.
Pre-opening expenses were $579 thousand, compared to $302 thousand.
Loss on disposal of assets was $292 thousand, compared to $305 thousand.
Interest income was $3,259 thousand, compared to $2,486 thousand.
Interest expense was - $3,850 thousand, compared to - $2,762 thousand.
Other expense, net was - $9,913 thousand, compared to - $6,888 thousand.
Provision for income taxes was - $15,446 thousand, compared to - $13,917 thousand.

Unique Metrics

The number of warehouse clubs in operation was 57 as of May 31, 2026, compared to 55 as of May 31, 2025.
Comparable net merchandise sales for 54 warehouse clubs increased 10.7%.
Comparable net merchandise sales - constant currency increased 6.9%.

Year-to-Date Financial Results (Nine Months Ended May 31, 2026)

Revenue

Total revenues for the nine months ended May 31, 2026, increased 10.7% to $4.36 billion, compared to $3.94 billion in the prior-year period.
Net merchandise sales increased 11.0% to $4.27 billion from $3.85 billion in the comparable prior-year period.
Net merchandise sales - constant currency increased 8.6% over the comparable prior-year period.
Membership income was $73,588 thousand, up from $62,971 thousand in the prior-year period.
Export sales were $1,123 thousand, down from $14,595 thousand in the prior-year period.
Other revenue and income totaled $14,315 thousand, up from $13,142 thousand in the prior-year period.

Operational Metrics

Operating income for the first nine months of fiscal year 2026 was $204.0 million, compared to $179.8 million in the prior-year period.
Net income increased 10.8% to $128.9 million, compared to $116.3 million in the first nine months of fiscal year 2025.
Adjusted EBITDA for the first nine months was $277.0 million, compared to $245.1 million in the same period last year.
Cost of goods sold for net merchandise sales was $3,587,294 thousand, up from $3,242,892 thousand.
Cost of goods sold for export sales was $1,079 thousand, down from $13,770 thousand.
Warehouse club and other operations expenses were $415,581 thousand, compared to $367,832 thousand.
General and administrative expenses were $150,455 thousand, compared to $132,669 thousand.
Pre-opening expenses were $626 thousand, compared to $617 thousand.
Loss on disposal of assets was $1,027 thousand, compared to $1,579 thousand.
Interest income was $9,840 thousand, compared to $7,441 thousand.
Interest expense was - $12,229 thousand, compared to - $7,995 thousand.
Other expense, net was - $24,079 thousand, compared to - $19,050 thousand.
Provision for income taxes was - $48,572 thousand, compared to - $43,797 thousand.

Unique Metrics

Comparable net merchandise sales for 54 warehouse clubs increased 8.8%.
Comparable net merchandise sales - constant currency increased 6.4%.