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What: Shares of bulk retailer PriceSmart
So what: This morning's third-quarter report crushed analyst estimates, driven almost exclusively by organic sales growth. Larger rival Target
Now what: PriceSmart also announced plans to expand its operations in Colombia, adding some expansion spice to the tasty organic sales dish. The former Costco
Interested in more info on PriceSmart? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. The Motley Fool owns shares of Wal-Mart Stores and Costco Wholesale. Motley Fool newsletter services have recommended buying shares of Costco Wholesale and Wal-Mart Stores, as well as creating a diagonal call position in Wal-Mart Stores. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.
More from The Motley Fool
PriceSmart, Inc. (PSMT) Q1 2018 Earnings Conference Call Transcript
PSMT earnings call for the period ending November 30, 2017.
PriceSmart's First-Quarter Sales Grew 4%
The warehouse retailer's results showed hints of a growth rebound as economic conditions improved in Trinidad, Barbados, and Colombia.
PriceSmart Inc. Maintains Its Growth Pace in Weak Market Conditions
The international warehouse club managed slow, but steady, sales gains in its fiscal fourth quarter.