PriceSmart Announces a $75 Million Share Repurchase – Buyback Wednesdays

Key Insights:

• PriceSmart, Inc. (PSMT), “Latin America’s Costco”, is the largest operator of membership warehouse clubs in Central America, the Caribbean, and Colombia serving over 3 million cardholders.
• The Company currently operates 51 warehouse clubs in 12 countries and one U.S. territory.
• Currency fluctuations in Colombia will likely translate to margin compression in the second half of the fiscal year.

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