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PriceSmart Fiscal Q2 Adjusted EPS, Revenue Increase; to Pay Special Dividend
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PriceSmart Fiscal Q2 Adjusted EPS, Revenue Increase; to Pay Special Dividend
Apr 9, 2024 1:52 PM

04:17 PM EDT, 04/09/2024 (MT Newswires) -- PriceSmart ( PSMT ) reported fiscal Q2 adjusted earnings late Tuesday of $1.31 per diluted share, up from $1.25 a year earlier.

One analyst polled by Capital IQ expected $1.35.

Revenue for the quarter ended Feb. 29 was $1.29 billion, up from $1.14 billion a year earlier.

One analyst surveyed by Capital IQ expected $1.28 billion.

The company declared a one-time $1.00 per share special dividend, payable on April 30 to shareholders of record April 19.

The stock was up about 3% in extended trading.

Price: 85.58, Change: +2.49, Percent Change: +2.99

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