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PriceSmart sales rise 6.4% YOY in November

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PriceSmart sales rise 6.4% YOY in November

Membership-based shopping warehouse operator PriceSmart Inc. said Dec. 6 that the company's net sales in November rose 6.4% to $261.5 million from $245.8 million a year earlier.

Meanwhile, net sales for the three months ended Nov. 30 came in at $745.4 million, up 4.1% from $716.1 million in the same year-ago period. PriceSmart's comparable warehouse sales for the five weeks ended Dec. 3 also increased 2.7% year over year, while comparable sales for the 13 weeks ended Dec. 3 grew 2.2% compared to the same period in the prior year.