PSMT Stock - PriceSmart Inc.

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PriceSmart, Inc. is a leading operator of U.S.-style membership shopping warehouse clubs spanning across the United States, Central America, the Caribbean, and Colombia. These warehouse clubs are renowned for offering a wide range of locally and regionally sourced goods, including essential items, fresh produce directly from farms, private label consumer products, prepared foods, and freshly baked goods under the Member's Selection brand. Beyond merchandise, PriceSmart provides comprehensive wellness programs such as optical, pharmacy, and audiology services to enhance the shopping experience.

Moreover, PriceSmart operates an online platform, PriceSmart.com, facilitating convenient ordering for members, along with Click & Go services for delivery or contactless curbside pickup, catering to modern shopping preferences. As of August 31, 2022, the company managed a network of 50 warehouse clubs across 12 countries and one U.S. territory, reflecting its robust presence and commitment to delivering value and quality products to its diverse membership base.

Established in 1994 and headquartered in San Diego, California, PriceSmart, Inc. continues to expand its footprint in the membership shopping sector. With a focus on affordability, convenience, and community engagement, PriceSmart remains dedicated to meeting the diverse needs of its members while upholding its reputation for high-quality goods and exceptional customer service.

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