04:12 PM EST, 01/08/2025 (MT Newswires) -- PriceSmart ( PSMT ) reported fiscal Q1 net income late Wednesday of $1.21 per diluted share, down from $1.24 a year earlier.

Three analysts polled by FactSet expected $1.31.

Revenue for the quarter ended Nov. 30 was $1.26 billion, up from $1.17 billion a year earlier. One analyst surveyed by FactSet expected $1.24 billion.

The stock was down nearly 4% in after-hours activity.