PriceSmart (NASDAQ:PSMT) Q3 2026 Earnings: Strong Revenue Growth and Strategic Expansion Drive Performance

Font: Financial Modeling Prep  • Jul 09, 2026

• PriceSmart (NASDAQ:PSMT) reported Q3 2026 earnings, with revenue of $1.48 billion surpassing estimates, despite earnings per share (EPS) of $1.28 missing analyst consensus.
• The company demonstrated robust sales growth, with net merchandise sales increasing by 12.5% to $1.45 billion, supported by positive foreign currency impacts.
• PriceSmart is pursuing an aggressive expansion strategy, with plans to open new warehouse clubs in Chile and Costa Rica, indicating future market growth.

PriceSmart (NASDAQ:PSMT) is an international operator of 57 U.S.-style membership warehouse clubs. The company primarily serves markets in Latin America and the Caribbean. On July 8, 2026, PriceSmart reported its quarterly earnings after the market closed, providing insight into its recent performance and future growth plans.

The company announced earnings per share (EPS) of $1.28 for its fiscal 2026 third quarter. This figure missed the analyst consensus estimate of $1.32. However, it surpassed a separate analyst expectation of $1.19 per share, as highlighted by Benzinga. EPS represents the portion of a company's profit allocated to each share of stock.

Revenue for the quarter was a strong point, coming in at $1.48 billion and surpassing the estimated $1.43 billion. This marks a 12.5% increase from the $1.32 billion reported in the same period of the previous year. This growth was driven by a 12.5% rise in net merchandise sales to $1.45 billion.

Supporting this sales growth, foreign currency fluctuations had a positive impact of approximately $50.60 million. As highlighted by PR Newswire, PriceSmart also announced its expansion strategy. The company is planning to open its first warehouse club in Chile and its eleventh club in Costa Rica, signaling continued growth.

From a financial health perspective, PriceSmart has a debt-to-equity ratio of 0.15, which suggests the company uses little debt to finance its assets. Its current ratio of 1.28 indicates it has enough short-term assets to cover its short-term liabilities. The company's price-to-earnings ratio is 36.30.