Pricesmart Inc

PSMT

Equity

ISIN null / Valor 708539

NASDAQ (2026-02-20)

USD 153.73+0.52%

Pricesmart Inc
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About company

PriceSmart Inc., established by Sol and Robert Price, the founders of The Price Company which later merged with Costco, is a leading operator of membership warehouse clubs in Central America, the Caribbean, and Colombia. Since becoming a publicly traded company in 1997, PriceSmart has expanded its footprint to operate 54 warehouse clubs across 12 countries and one U.S. territory, with plans to open an additional club in Cartago, Costa Rica in early 2025. The company serves over 3 million cardholders, offering a unique retail model that emphasizes value through a carefully selected mix of global and local merchandise. PriceSmart aims to drive growth and enhance member experience by focusing on new real estate developments, including clubs and distribution centers, and by improving its offerings with wellness services such as optical, pharmacy, audiology, and private label products. Additionally, PriceSmart is committed to leveraging technology to develop an omni-channel presence, including enhancing its digital platforms to boost e-commerce sales, thereby providing a comprehensive shopping experience for its members.

Summarized from source with an LLMView SourceSector: Consumer Services