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  September 5, 2001
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Home > Company Index > Retail > Discount & Variety Retailing > PriceSmart, Inc.

PriceSmart, Inc.
Nasdaq: PSMT
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 NEWS FROM THE WIRES
PriceSmart seeks deal to end Philippine store impasse
Jul 24 2001 03:51 PM PDT

More WIRE STORIES about this company

 PROFILE
PriceSmart is wise in the ways of members-only club retailing. The company licenses or partially owns about 15 membership stores under the PriceSmart names in Central America and the Caribbean regions, as well as a handful of warehouses in China and Saipan. PriceSmart was a 1997 spinoff of Price Enterprises, which itself was spun off by Costco. The company is expanding rapidly in Latin America, the Caribbean, and the Philippines through joint venture and licensing agreements. PriceSmart sold its domestic auto referral program and travel business. Together, chairman Robert Price and his father, Sol -- who created club retailing in the 1950s -- own more than 50% of PriceSmart.

 COMPETITION
Carrefour SA (CA)
Royal Ahold N.V. (AHO)
Wal-Mart Stores, Inc. (WMT)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
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 FINANCIAL OVERVIEW
Fiscal Year-End: August
2000 Sales (mil.): 304.60
1-Yr. Sales Growth: 179.7%
Employees: 2,535
Revenue per employee: $120,157.79

 KEY PEOPLE
• Gilbert A. Partida
    CEO
• Allan C. Youngberg
    CFO

 CONTACT INFO
4649 Morena Blvd.
San Diego, CA 92117
US
Phone: 858-581-4530
Fax: 858-581-4707
Online: Web Site

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