PriceSmart Q4 FY2026: Sales Jump 13.8%, Jamaica Club Opens
PriceSmart posted strong fourth-quarter results with net merchandise sales up 13.8% and comparable sales rising 12.2%, while opening a third Jamaica location.
PriceSmart, Inc. reported robust fiscal fourth-quarter 2026 operating results, with net merchandise sales climbing 13.8% and comparable net merchandise sales rising 12.2% year over year, the San Diego-based warehouse club operator announced Monday.
The company, which trades on the Nasdaq under the ticker PSMT, recorded earnings of $1.21 per diluted share for the quarter. The double-digit comparable sales growth signals sustained consumer demand across the membership warehouse format that PriceSmart operates throughout Latin America and the Caribbean.
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Alongside the financial results, PriceSmart confirmed the opening of its third warehouse club in Jamaica, expanding its footprint to 59 clubs across 12 countries and one U.S. territory. The Jamaica opening marks continued geographic investment in Caribbean markets where the company has been building brand presence.
The combination of accelerating comparable sales growth and new club expansion underscores PriceSmart's strategy of deepening penetration in existing markets rather than pursuing entirely new geographies. Analysts tracking emerging-market retail will likely watch whether the comparable sales momentum can be sustained into fiscal year 2027 amid broader macroeconomic pressures affecting consumer purchasing power in the regions PriceSmart serves.
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