Abstract
Pricesmart will report fiscal first-quarter 2026 results on January 07, 2026 Post Market. This preview consolidates the company’s latest guidance and consensus indicators, focusing on revenue, margins, net profit, and adjusted EPS dynamics with year-over-year comparisons, alongside segment updates and dominant analyst views through December 31, 2025.
Market Forecast
For the current quarter, Pricesmart’s projections point to revenue of USD 1,351,738,500.00, up 09.06% year over year; the forecast implies an adjusted EPS of USD 1.35 and EBIT of USD 61,414,000.00, with EPS YoY growth of 03.57% and revenue YoY growth of 09.06%. Margin guidance color is limited; the prior quarter’s gross profit margin was 17.42% and net profit margin was 02.37%, and markets are watching whether mix and operating leverage sustain or expand those levels. The main business continues to be net merchandise sales, with membership income providing a recurring base; export and other income remain minor. The most promising segment is membership, which supports revenue quality and resiliency through renewal rates and fee growth; last quarter membership revenue was USD 85,573,000.00, though YoY details are not disclosed in the collected dataset.
Last Quarter Review
Pricesmart’s previous quarter delivered revenue of USD 1,330,975,000.00, a gross profit margin of 17.42%, GAAP net profit attributable to the parent company of USD 31,541,000.00 with a net profit margin of 02.37%, and adjusted EPS of USD 1.02, with year-over-year growth of 08.51% on EPS and 08.56% on revenue. A notable highlight was EBIT of USD 52,750,000.00, which modestly exceeded estimates by USD 203,000.00, indicating disciplined expense control against higher sales. Main business highlights featured net merchandise sales of USD 5,151,120,000.00 on a trailing period basis and membership revenue of USD 85,573,000.00, while export and other categories were comparatively small; specific YoY for segments is not available in the returned values.
Current Quarter Outlook
Main Business: Net Merchandise Sales Trajectory
Net merchandise sales remain the backbone of Pricesmart’s model, and the quarter’s revenue estimate of USD 1,351,738,500.00 signals continued demand across core markets. With the prior quarter gross margin at 17.42%, the key watchpoint is whether procurement gains, private-label penetration, and inventory turns offset any pricing or FX pressure. The quarter-on-quarter net profit change last period was -10.29%, implying margin sensitivity to operating costs and seasonal dynamics; sustaining revenue growth while stabilizing SG&A would be essential to improving flow-through. The assortment mix, including consumables and fresh, typically anchors traffic; any shifts toward discretionary categories could influence ticket size and margin cadence.
Most Promising Business: Membership Revenue and Renewal Drivers
Membership revenue of USD 85,573,000.00 last quarter underscores a recurring, high-quality income stream that supports traffic and price competitiveness. The forecast framework implies EPS growth of 03.57% year over year, which often correlates with stable renewal rates and membership fee optimization. If renewal rates remain healthy and membership tiers broaden, the company may unlock additional monetization without materially increasing operating complexity. Membership engagement also amplifies cross-category purchasing, lifting basket size and stabilizing demand during macro fluctuations, helping mitigate volatility seen in net profit quarter-on-quarter trends.
Stock Price Drivers: Margin Progression, Cost Discipline, and Operating Leverage
The market’s attention is centered on whether gross margin can hold above 17.00% while net margin improves from 02.37%. Management’s ability to manage logistics, wage inflation, and FX exposure will shape EBIT delivery versus the USD 61,414,000.00 estimate. A favorable mix shift and lower shrink could enhance gross margin, while scaling SG&A more slowly than revenue would drive EBIT expansion. Conversely, a repeat of the -10.29% quarter-on-quarter net profit swing could cap valuation momentum, making cost control and inventory balance crucial signals for this print.
Analyst Opinions
Across collected institutional commentary, the majority view trends cautiously bullish, anchored on sustained revenue growth near 09.06% and stable EPS trajectory near USD 1.35. Analysts emphasize consistency in membership economics and resilient demand in core geographies as supports for revenue and EBIT estimates, with a focus on maintaining mid-to-high teens gross margin and improving net margin from the last quarter’s 02.37% level. The constructive stance highlights operational execution and disciplined cost controls as the key validators, while flagging FX and wage costs as manageable risks contingent on procurement efficiency and productivity improvements.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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