PSMT

PriceSmart, Inc. (NASDAQ:PSMT) is a membership-based warehouse club operator that brings the American warehouse club concept to Central America, the Caribbean, and Colombia. Founded in 1994 and headquartered in San Diego, California, the company went public in 1997. PriceSmart operates 55 warehouse clubs across 12 countries and one U.S. territory, serving approximately 1.9 million members. The company has established itself as a leading retailer in its markets by offering bulk merchandise at competitive prices through a membership model similar to Costco or Sam's Club, but tailored to the specific needs and preferences of Latin American and Caribbean consumers.