PriceSmart Posts Q3 Beat, Announces $75 Million Buyback
<p><a href='https://financialmodelingprep.com/financial-summary/PSMT'>PriceSmart (NASDAQ:PSMT)</a> reported its Q3 earnings results on Monday, with EPS of $1.02 coming in better than the Street estimate of $0.85. Revenue was $1.1 billion, in line with the Street estimates.</p>
<p>Net merchandise sales grew 7.1% year-over-year to $1.07 billion in Q3. On a constant currency basis, net merchandise sales rose 5.6% year-over-year.</p>
<p>Furthermore, the company authorized up to a $75 million common stock repurchase program.</p>

NASDAQ:PSMT