In many markets PriceSmart is the only reliable source for high quality grocery imports from the US, such as whole turkeys or authentic bacon, ham, cheeses & condiments.
Fiscal year to date, which includes the nine months ended May 31, 2021, net merchandise sales increased 7.3% to $2,594.3 million from $2,418.8 million for the nine months ended May 31, 2020.
PriceSmart, Inc. (NASDAQ: PSMT) Net Merchandise Sales grew 2.8%, after negative 3.1% FX impact. Comparable Net Merchandise Sales decreased 1.7%, after 2.9% negative FX impact. E-Commerce Penetration was 2.8% of Total Net Merchandise Sales
"How much technology can we do that replaces people?" said Tom Montag, COO of Bank of America, at a conference this week.