PriceSmart sees June sales rise
San Diego PriceSmart said Tuesday its June net sales increased 4% to $95.7 million from the year-ago period. Comp-store warehouse sales rose 1.4% for the month, and increased 10.6% for the 43-week period ended June 28.
For the 10 months ended June 30, net sales increased 13.1% to $1,022.0 million. There were 26 warehouse clubs in operation at the end of June 2009 compared with 25 warehouse clubs at the end of June 2008.
PriceSmart owns and operates U.S.-style membership shopping warehouse clubs in Central America and the Caribbean.