PriceSmart 10-K: FY26 EPS $5.40, Revenue $5.88B, 63-Club Expansion Planned
PSMT sits 55% above its 52-week low of $111.68.
Summary
PriceSmart's fiscal 2026 10-K confirms 11.5% revenue growth to $5.88 billion and EPS of $5.40, with membership income up 17.8% and a four-club expansion to 63 locations underway.
Key Events · Earnings and Guidance · PSMT
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FY26 EPS $5.40 on $5.88B Revenue
Net income was $166.6 million, or $5.40 per diluted share, versus $147.9 million, or $4.82, in fiscal 2025; total revenues rose 11.5% to $5,876.3 million.
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Membership Income Up 17.8%
Membership income reached $100.8 million, equal to 38.6% of operating income; Platinum accounts rose to 23.4% of the base from 17.9% and the trailing renewal rate improved to 90.4% from 88.8%.
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Currency Costs Weigh on Other Expense
Other expense, net widened to $29.7 million from $24.6 million, including $18.1 million of transaction costs converting local currencies in markets with dollar illiquidity, plus $11.7 million of monetary revaluation losses.
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Capex Jumps Toward 63 Clubs
Capital expenditures were $211.3 million versus $158.1 million, funding new clubs in Jamaica, Guatemala, Costa Rica and Chile; the Chile lease commenced September 2026 with a $13.7 million lease liability.
Analysis · PSMT · Trade & Services
Today's Q4 release told the growth story; this annual report supplies the audited detail behind it. Full-year revenue rose 11.5% to $5.88 billion and net income climbed 12.6% to $166.6 million ($5.40 per diluted share), while operating income increased 12.3% to $261.0 million. Membership income grew 17.8% to $100.8 million, and Platinum accounts jumped to 23.4% of the base from 17.9% — a shift that matters because membership fees supplied 38.6% of operating income. The offset is cost: SG&A rose 14.0% on technology and executive compensation, and other expense, net widened to $29.7 million, largely $18.1 million of currency-conversion transaction costs in markets with dollar illiquidity. Capital spending jumped to $211.3 million from $158.1 million as the company builds toward 63 clubs, including its first Chile location. No going-concern, covenant, or auditor issues — Ernst & Young issued an unqualified opinion and the company is in compliance with all debt covenants.
How filings like this one have moved
In the 30 days to Oct 27, 2026, 29.9% of the 1374 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PSMT was trading at $173.11 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $5.3B. The 52-week trading range was $111.68 to $199.84. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.