PriceSmart Announces Opening of Sixth Warehouse Club in Guatemala and Earnings Release and Conference Call Details for the First Quarter of Fiscal 2024

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NASDAQ: PSMT today announced that PriceSmart, Inc. (NASDAQ: PSMT) will open its newest warehouse club in Escuintla, Guatemala on November 30, 2023, bringing the number of warehouse clubs of the company to 53. It is the sixth club of its kind in Guatemala, constructed on a five-acre property. Escuintla is the sixth club in Guatemala.
Details of the First Quarter Conference Call
On Tuesday, January 9, 2024 after the market closes, PriceSmart plans to release its financial results for the first quarter of the fiscal year 2024. A conference call will be held by the PriceSmart management at 12:00 p.m.. Time zone: Eastern (9:00 a.m.). On Wednesday, January 10, 2024 at 9:15 a.m. Pacific time, the board of directors will meet to discuss the financial results. To participate in the PriceSmart earnings conference call, individuals may dial toll free (888) 259-6580 or (416) 764-8624 for international callers and ask to be added to the PriceSmart earnings conference call.. The digital replay will be available shortly after the conclusion of the conference call through January 17, 2024 by dialing (877) 674-7070 for domestic callers, or (416) 764-8692 for international callers, and entering the replay passcode 833282#.
The digital replay will be available shortly after the conclusion of the conference call through January 17, 2024 by dialing (877) 674-7070 for domestic callers, or (416) 764-8692 for international callers, and entering the replay passcode 833282#.
What PriceSmart is all about
A company called PriceSmart, with its headquarters in San Diego, owns and operates U.S..-style membership shopping warehouse clubs in Latin America and the Caribbean that provide its members with a variety of high quality merchandise and services at low prices. There are 53 warehouse clubs operated by PriceSmart in 12 countries and one in the United States. A total of ten territories have been established: ten in Colombia, eight in Costa Rica, seven in Panama, six in Guatemala, five in the Dominican Republic, four in Trinidad, three in Honduras and El Salvador, two in Nicaragua and Jamaica, and one each in Aruba, Barbados and the United States Virgin Islands.. Furthermore, the Company plans to open a warehouse club in Santa Ana, El Salvador in February 2024 as a part of its expansion plans. Upon the opening of this new warehouse club, the Company will operate a total of 54 warehouse clubs across the country
Upon the opening of this new warehouse club, the Company will operate a total of 54 warehouse clubs across the country
There may be forward-looking statements in this press release relating to PriceSmart, Inc..The following contains information about PriceSmart's ("PriceSmart", the "Company" or "we") anticipated future revenues and earnings, the adequacy of future cash flows, the company's omni-channel initiatives, proposed warehouse club openings, the performance of the company as compared to the performance of its competitors, and other related matters.. The forward-looking statements include, but are not limited to, statements that contain the words "expect," "believe," "will," "may," "should," "project," "estimate," "anticipated," "scheduled," "intend," and similar expressions, as well as the negative thereof.. These statements are subject to risks and uncertainties that could cause actual results to differ materially including, but not limited to: various political, economic and compliance risks associated with our international operations, adverse changes in economic conditions in our markets, natural disasters, volatility in currency exchange rates and illiquidity of certain local currencies in our markets, competition, consumer and small business spending patterns, political instability, increased costs associated with the integration of online commerce with our traditional business, whether the Company can successfully execute strategic initiatives, our reliance on third party service providers, including those who support transaction and payment processing, data security and other technology services, cybersecurity breaches that could cause disruptions in our systems or jeopardize the security of Member, employee or business information, cost increases from product and service providers, interruption of supply chains, novel coronavirus (COVID-19) related factors and challenges, exposure to product liability claims and product recalls, recoverability of moneys owed to PriceSmart from governments, and other important factors discussed in the Risk Factors section of the Company's most recent Annual Report on Form 10-K, and other factors discussed from time to time in other filings with the SEC, which are accessible on the SEC's website at www.A few seconds.Governement files on the website, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, such as. It is important to note that forward-looking statements speak only as of the date they are made, and the Company does not undertake to update them except as required by law.
It is important to note that forward-looking statements speak only as of the date they are made, and the Company does not undertake to update them except as required by law.
If you would like more information, please contact Michael L. McCleary, EVP, Chief Financial Officer and Principal Accounting Officer, at (858) 404-8826 or via email at [email protected].
PriceSmart, Inc. is the source of this information.
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