PriceSmart: Rises on strong first-quarter results

PriceSmart

07/01/2021 21:39

** Shares of membership warehouse club operator  PSMT.O  up
5.4% at $102.56 after the bell
    ** PriceSmart's Q1 sales rises 8.1% and EPS jumps 40.6% on
strong demand for low-priced items during COVID-19-triggered
economic downturn  urn:newsml:reuters.com:*:nPn2Tbrz2a
    ** PSMT notes pandemic-related restrictions were on the rise
again in December and continue to impact the business in early
January
    ** PSMT shares jumped about 28% in 2020

 (Reporting by Praveen Paramasivam in Bengaluru)
 ((Praveen.Paramasivam@thomsonreuters.com))