PriceSmart Profit Margin 2010-2024 | PSMT
Current and historical gross margin, operating margin and net profit margin for PriceSmart (PSMT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. PriceSmart net profit margin as of February 29, 2024 is 2.62%.
| PriceSmart Annual Profit Margins |
| PriceSmart Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail - Discount & Variety |
$2.468B |
$4.412B |
|
PriceSmart, Inc. is primarily engaged in the operation of membership shopping warehouses in international markets. The company's business consists of international membership shopping stores similar to, but smaller in size than, warehouse clubs in the United States. The warehouses sell basic consumer goods with an emphasis on quality, low prices and efficient operations. By offering low prices on brand name and private label merchandise, the warehouses seek to generate sufficient sales volumes to operate profitably at relatively low gross margins.
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