PriceSmart (NASDAQ:PSMT) reported Q3 EPS of $0.62, $0.18 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $951.87 million.
Comparable net merchandise sales increased 12.8% over last year, even after taking into account a negative currency impact of 2.2%. Once again, our Membership base set a new record, with a base of over 1.75 million accounts.