PriceSmart Q1 Profit Rises - Quick Facts

(RTTNews) - PriceSmart Inc. (PSMT) Thursday reported first-quarter profit of $21.4 million or $0.71 per share, up from $20.0 million or $0.66 per share in the same period last year.

On average, four analysts polled by Thomson Reuters expected the company to earn $0.74 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved to $605.60 million from $535.29 million last year, while four analysts expected revenues of $609.07 million.

Net warehouse club sales totaled $589.69 million, up 12.6% from $523.60 million last year. Export sales increased to $5.72 million from $3.07 million last year.