Earnings
PriceSmart's Overhead Hit 13.2% Of Revenue, And The CFO Says Tech Spend Is 'A Much Needed Catch Up'
The CFO split a 30-basis-point rise in full-year overhead into 20 for technology and 10 for CEO pay.
PriceSmart (PSMT) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
The CFO split a 30-basis-point rise in full-year overhead into 20 for technology and 10 for CEO pay.
Earnings
The warehouse-club chain's forecasting and replenishment system will not be done by the second quarter of fiscal 2027, the CEO said.
Earnings
Net income reached $37.6 million in the fiscal fourth quarter, while constant-currency sales growth was 7.8% against 13.8% reported.
SEC Filings
Tax credits and favorable contingency adjustments cut PriceSmart's effective rate, yet its allowance against foreign tax credits rose to $10.8 million.