Benzinga | Mar 5, 2021 08:03AM EST

PriceSmart Announces February Net Merchandise Sales Grew 1.3% YoY

SAN DIEGO, March 5, 2021 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ:PSMT) today announced that for the month of February 2021, net merchandise sales grew 1.3% to $258.7 million from $255.5 million in February a year earlier. Foreign currency exchange fluctuations impacted net merchandise sales negatively by 3.1%, or $7.8 million, versus the same one-month period in the prior year. There were 47 warehouse clubs in operation at the end of February 2021 and 45 warehouse clubs in operation at the end of February 2020.