Shares of PriceSmart Inc.
dropped more than 6% in the extended session Monday after the operator of warehouse-club retail stores mostly in the Caribbean and Central and South America reported fiscal third-quarter sales that matched Wall Street expectations. PriceSmart earned $25.5 million, or 94 cents a share, in the quarter, compared with $19.3 million, or 62 cents a share, in the prior-year period. Revenue rose 6.4% to $1.10 billion, the company said.
dropped more than 6% in the extended session Monday after the operator of warehouse-club retail stores mostly in the Caribbean and Central and South America reported fiscal third-quarter sales that matched Wall Street expectations. PriceSmart earned $25.5 million, or 94 cents a share, in the quarter, compared with $19.3 million, or 62 cents a share, in the prior-year period. Revenue rose 6.4% to $1.10 billion, the company said.