PSMT PriceSmart (PSMT) Q3 FY26 earnings call
PriceSmart delivered strong Q3 FY26 results, driven by robust membership growth and increasing digital engagement, despite navigating global macroeconomic pressures and currency volatility. The company is strategically expanding its physical and digital footprint, with significant investments in new markets like Chile and ongoing supply chain optimization, positioning it for continued long-term growth and enhanced member value.
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PSMT operating KPIs by quarter
| KPI | Feb 2026 Q2 FY26 | This call May 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Warehouses Central America | 32First, in Central America, where we had 32 clubs at quarter end, net merchandise sales increased 8.6% or 7.8% in constant currency.Source: earnings call transcript | 32First, in Central America, where we had 32 clubs at quarter end, net merchandise sales increased 10.6% or 7.7% in constant currency.Source: earnings call transcript | 0% |
| Warehouses Caribbean | 14Second, in the Caribbean, where we had 14 clubs at quarter end, net merchandise sales increased 4.3% or 5.3% in constant currency.Source: earnings call transcript | 15Second, in the Caribbean, where we had 15 clubs at quarter end, net merchandise sales increased 6.8% or 6.2% in constant currency.Source: earnings call transcript | +7.1% |
| Warehouses Colombia | 10Last, in Colombia, where we had 10 clubs open at the end of our second quarter, net merchandise sales increased 30.5% or 13.8% in constant currency.Source: earnings call transcript | 10Last, in Colombia, where we had 10 clubs at quarter end, net merchandise sales increased 35.3% or 18.6% in constant currency.Source: earnings call transcript | 0% |
| Membership renewal rate | 90.2%Membership accounts grew 7.9% year-over-year to almost 2.1 million accounts with a strong 12-month renewal rate of 90.2% as of February 28.Source: earnings call transcript | 90.5%Our 12-month renewal rate was 90.5%, as of May 31, a new all-time high for the second consecutive quarter and a result that we're really proud of.Source: earnings call transcript | +0.3 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.