PSMT / Why PriceSmart Stock Jumped This Week

PriceSmart, Inc. (NASDAQ:PSMT ) Q4 2023 Earnings Conference Call October 31, 2023 12:00 PM ET Company Participants Robert Price - Interim Chief Execut more_horizontal

The MSCI Emerging Markets Index NYSEARCA: EEM is essentially flat for the year, but the signs are growing that a bottom is in, and gains will be made more_horizontal

With emerging markets expected to diverge from developed markets in the 2nd half, PriceSmart NASDAQ: PSMT looks like an intelligent play. According to more_horizontal

Stock market benchmarks were higher on Monday. WD-40 released good financial results that sent shares higher after hours. more_horizontal

Shares of PriceSmart Inc. PSMT, +1.85% dropped more than 6% in the extended session Monday after the operator of warehouse-club retail stores mostly i more_horizontal

PriceSmart reported accelerating sales growth through late February. Earnings are expanding at a slightly faster pace than sales. more_horizontal

Although growth is expected to slow, emerging markets remain attractive for long-term investors, and Latin America is particularly interesting. While more_horizontal

SAN DIEGO , March 14, 2023 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT) today announced that it has leased land and has plans to open its sixth war more_horizontal