Tag: PSMT

Major Movers on July 11; PSMT, DHI, APOL, AMD, RMTI

Shares of PriceSmart Inc. (NASDAQ: PSMT) fell about 3.30% by afternoon trade. The warehouse club operator late on Wednesday said that fiscal third quarter net income rose 18%, aided by higher sales; nevertheless, adjusted earnings fell short of analysts’ estimation. Amid macroeconomic uncertainty, more and more U.S. consumers have been buying goods of daily needs at discounted prices at PriceSmart, which is reflected by consistent double digit quarterly revenue growth in last three years.

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Major Movers on April 10; KMX, ADTN, MNKD, HMA, PSMT

Shares of CarMax Inc. (NYSE: KMX) gained about 2.30% by afternoon trading after the largest used car seller in the U.S. reported on Wednesday that fiscal fourth quarter profit climbed 13% as sales in used car and wholesale segment showed strong growth.

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PriceSmart Q2 Results Edge Past Street’s Estimates (PSMT)

Shares of PriceSmart Inc. (NASDAQ: PSMT) jumped about 3.50% in afterhours trading on Tuesday after the discount warehouse clubs operator said that its income in the fiscal second quarter increased from year-earlier quarter owing to continued improvement in sales.

Continue reading PriceSmart Q2 Results Edge Past Street’s Estimates (PSMT)