PriceSmart Reports Fiscal 2026 Results Highlighting Membership Growth and International Expansion

PriceSmart (PSMT) reported total net merchandise sales of nearly $5.8 billion for fiscal year 2026, driven by steady top-line growth and successful international footprint expansion. A key driver of profitability was the shift toward premium membership tiers; Platinum membership grew to represent 23.4% of the member base, contributing to a 17.8% increase in annual membership income to $100.8 million. The company is currently focusing on long-term compounding through geographic expansion, specifically entering the Chilean market and advancing a pipeline of four additional clubs in Central America and the Caribbean. While management has intentionally delayed the full implementation of the RELEX supply chain software to ensure operational standardization, they report rising traffic and increased spending per member across their 59 existing locations.

By The Motley Fool Team · Motley Fool · October 28, 2026, 05:15 UTC

Tickers: $PSMT

Topics: international expansion membership income merchandise sales operational restructuring supply chain technology

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