PSMTNasdaqRetail-Variety StoresUS GAAP · USD

PriceSmart, Inc

PriceSmart operates membership warehouse clubs across Central America, the Caribbean, and Colombia, selling a broad mix of groceries, household goods, general merchandise, and selected services through a club-based format. The company was founded by the creators of Price Club and combines in-club shopping with private-label products, sourcing, and digital fulfillment capabilities.

Liikevaihto5 876milj. USD
+11,5 %v/v
Liikevoitto (EBIT)261milj. USD
+12,3 %v/v
EBIT-marginaali4,4%
+0,0 %-yks.v/v
Nettotulos167milj. USD
+12,6 %v/v
Vapaa kassavirta96,4milj. USD
−6,6 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

02 0004 0006 000milj. USD2021: 3 620 milj. USD2021: EBIT 158 milj. USD20212022: 4 066 milj. USD2022: EBIT 167 milj. USD20222023: 4 412 milj. USD2023: EBIT 185 milj. USD20232024: 4 914 milj. USD2024: EBIT 221 milj. USD20242025: 5 270 milj. USD2025: EBIT 233 milj. USD20252026: 5 876 milj. USD2026: EBIT 261 milj. USD20265 876261
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Warehouse club merchandise70 %

Bulk and value-oriented food, household, and general merchandise sold in-club.

Private label products15 %

Member’s Selection® branded items and exclusive products tailored to local markets.

Membership fees8 %

Annual membership accounts and cardholder fees that support the club model.

Ancillary services4 %

Optical, audiology, and pharmacy services offered in selected clubs.

Digital and delivery services3 %

Online ordering, home delivery, and curbside pickup through Click & Go®.

Tuotteet

Raportoitu · osuus liikevaihdosta
45,3%30,9%10,4%FY2026100 %
  • Foods and Sundries45,3 %
  • Fresh Foods30,9 %
  • Hardlines10,4 %
  • Softlines6,0 %
  • Food Service and Bakery4,3 %
  • Muut3,0 %

Lähde: 10-K FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

PriceSmart serves households that buy groceries and everyday goods in bulk, as well as small businesses that use the clubs for resale and operating supplies. Its membership model also attracts value-seeking consumers who want access to exclusive products, services, and a curated assortment not widely available in local markets.

Household members

Families and individual shoppers buying consumables, staples, and general merchandise for value and convenience.

Small business members

Small retailers, restaurants, and service businesses buying inventory and operating supplies in bulk.

Digital shoppers

Members ordering through PriceSmart.com or the mobile app for delivery or curbside pickup.

Service users

Members using optical, audiology, and pharmacy services in selected clubs.

Strategia

PriceSmart’s strategy centers on opening new clubs, remodeling existing clubs, and expanding distribution capacity to support its warehouse club model. It also aims to increase membership value and drive more sales through digital channels, which helps deepen customer loyalty and extend the shopping relationship beyond the physical club.

Expand club footprintKeskipitkä aikaväli

More clubs increase market coverage and support long-term membership growth.

Increase membership valueLyhyt aikaväli

Stronger member economics support retention and reduce reliance on advertising.

Expand digital and fulfillment capabilitiesKeskipitkä aikaväli

Online ordering and pickup extend convenience and improve customer engagement.

Improve sourcing and supply chain efficiencyKeskipitkä aikaväli

A multi-country import model requires efficient procurement and inventory flow.

Maantiede

PriceSmart’s club network is concentrated in Central America, the Caribbean, and Colombia, with operations spread across 12 countries and the U.S. Virgin Islands. The company is also advancing entry into Chile, which would extend the warehouse club model into South America beyond Colombia.

Riskit

PriceSmart is exposed to international trade, logistics, currency, and regulatory risks because nearly all revenue comes from markets outside the United States and much of its merchandise is imported. The warehouse club model also depends on stable consumer demand, secure operations, and effective inventory management across multiple countries with different legal and customs regimes.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Foreign exchange and dollar liquidity1Import and logistics disruption2International regulatory and tax changes3Climate and natural disaster exposure4Competitive pressure5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Foreign exchange and dollar liquidityVaikutus: KorkeaTodennäköisyys: Korkea

    Local-currency sales must often be converted to U.S. dollars to pay imported-product liabilities.

    Kohdistuu: Currency devaluation and settlement timing

  2. Import and logistics disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Nearly half or more of merchandise is imported over long distances, creating lead times and shipping exposure.

    KohdistuuInventory availabilityMarkdownsBusiness interruption
  3. International regulatory and tax changesVaikutus: KeskitasoTodennäköisyys: Korkea

    Operations span multiple jurisdictions with different tariffs, taxes, and enforcement practices.

    Kohdistuu: Compliance costs and import restrictions

  4. Climate and natural disaster exposureVaikutus: KeskitasoTodennäköisyys: Korkea

    Storms, drought, and rising sea levels can affect clubs, inventory, and distribution networks.

    Kohdistuu: Physical damage and higher utility/compliance costs

  5. Competitive pressureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company competes with local retailers, wholesalers, and online platforms in each market.

    KohdistuuPricingAssortmentConvenience

Kirjanpito

Harkinnanvaraiset erät
Income taxes and annual effective tax rate

Interim tax expense is based on estimated annual effective tax rates, which can shift with geography and mix.

Vaikutus: Quarterly earnings volatility

Value-added taxes and unrecognized tax benefits

Multi-country operations create complex indirect tax positions and uncertain recoverability.

Vaikutus: Tax expense and balance sheet liabilities

Contingencies and litigation

Operating across multiple jurisdictions increases exposure to claims and regulatory matters.

Vaikutus: Reserves and disclosure judgments

Long-lived assets and club investments

Club openings, remodels, and distribution centers require useful-life and impairment estimates.

Vaikutus: Depreciation and impairment charges

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026