PriceSmart July Comps. Rise 8.9% - Quick Facts

(RTTNews) - PriceSmart, Inc. (PSMT) said its July 2013 net warehouse club sales rose 11.9% to $188.5 million, from $168.5 million a year ago, with comparable warehouse sales for the 29 warehouse clubs open at least 13 1/2 full months advanced by 8.9% year-over-year.

For the forty-seven week period, comparable warehouse sales went up 9.0% over the prior-year period. For the eleven months ended July 31, 2013, net warehouse club sales increased 11.7% to $2.05 billion from $1.83 billion last year. There were 31 warehouse clubs in operation at the end of July 2013 and 29 warehouse clubs in operation at July 2012 end.