PriceSmart, Inc. (PSMT) Q3 FY2026: The 90.5% renewal rate hit a record high, Platinum penetrati.3%, and membership income grew 17.6%, with management citing strong execution amid currency volatility and global uncertainty
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PriceSmart reported revenue of $1.48 billion, beating the $1.46 billion consensus, and EPS of $1.28 versus the $1.21 estimate, with net merchandise sales up 12.5% (8.5% constant currency). Colombia drove 35.7% comparable sales growth (18.9% constant currency), contributing 420 basis points overall, while Central America and the Caribbean added 480 and 170 basis points respectively; average ticket rose 5% and transactions 7.1%. The 90.5% renewal rate hit a record high, Platinum penetration reached 21.3%, and membership income grew 17.6%, with management citing strong execution amid currency volatility and global uncertainty.
Company: PriceSmart, Inc. (PSMT) β Q3 FY2026
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