To The Moon

Hey, this is Stocks_Pedia.

I'd like to introduce some unfamiliar companies that may be helpful to your investment. ​

The company I am going to introduce is $Pricesmart(PSMT)$ .

It went public on September 02, 1997.

【Company Profile】

PriceSmart, Inc. was incorporated in 1994 and is headquartered in San Diego, California. PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia.

Its warehouse clubs sell brand name and private label consumer products, essential goods, fresh produce, prepared foods, and fresh-baked goods, as well as provides services, such as optical, tire center, and other ancillary services. As of March 29, 2022, it operated 49 warehouse clubs in 12 countries and one U.S. territory.

【History & Events】

In 1976: Price Club founded by Sol and Robert Price

In 1993: The Price Co. and Costco Wholesale Club merge, forming Price/Costco Inc (later renamed Costco Wholesale Corporation

In 2010: PriceSmart opens two club stores (Trinidad, Dominican Republic) . Ranked #94 on Fortune Magazine's list of 100 fastest growing companies.

In 2018: PriceSmart acquires Aeropost.com. PriceSmart opens one club store (Dominican Republic).

In 2019: PriceSmart Announces November Merchandise Sales; Opening of New Warehouse Club in Guatemala City, Guatemala and First Quarter Earnings Details.

In 2020: PriceSmart Announces November Net Merchandise Sales; Opening of Eighth Warehouse Club in Colombia.

In 2022: PriceSmart Announces the Start of Construction on 10th Warehouse Club in Colombia to be Located in the El Poblado Area of Medellín; and Earnings Release and Conference Call Details for the Second Quarter of Fiscal 2022.

【Main bussness segments】​

​​​【Net Income & Total Revenue】​

​​【Competitors】

Heinen's

HeroMarket

Meijer

Noon