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PriceSmart Jan. same-store sales rise 5.8%

2/5/2010

San Diego PriceSmart Inc. reported Friday that its warehouse club same-store sales climbed 5.8% in January, compared with the year-ago period.

Net sales for the period ended Jan. 24 grew 9.2% to $106.4 million.

PriceSmart said it had 26 warehouse clubs at January's end, compared with 25 in the year-ago period.

The retailer currently operates 26 warehouse clubs in 11 countries and one U.S. territory.

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