PriceSmart reports increase in its monthly income
- by crv.staff
- 10.07.09
- 8:05 AM UTC
- Filed in Costa Rica
Source: AM Costarica 
PriceSmart, Inc. (PSMT – Nasdaq) Tuesday announced that for the month of June net sales increased 4 percent to $95.7 million from $92.0 million in June a year earlier. For the 10 months ended June 30 net sales increased 13.1% to $1.02 billion from $903.3 million for the 10 months ended June 30, 2008.
There were 26 warehouse clubs in operation at the end of June 2009 compared to 25 warehouse clubs at the end of June 2008, the company said.
PriceSmart, headquartered in San Diego, California, owns and operates U.S.-style membership shopping warehouse clubs in Central America and the Caribbean. There are five in Costa Rica, four in Panamá and one in Nicaragua.
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