PriceSmart, Inc. (PSMT) Q2 2023 Earnings Call Transcript

PriceSmart, Inc. (NASDAQ:PSMT) Q2 2023 Earnings Convention Name April 11, 2023 12:00 PM ET

Firm Members

Michael McCleary – Government Vice President and Chief Monetary Officer

Robert Worth – Interim Chief Government Officer and Chairman

Convention Name Members

Hector Maya – Scotiabank

Jon Braatz – Kansas Metropolis Capital


Good afternoon, everybody, and welcome to PriceSmart, Inc.’s Earnings Launch Convention Name for the Second Quarter of Fiscal Yr 2023, which ended on February twenty eighth, 2023.

After remarks from our Firm’s representatives Robert Worth, Interim Chief Government Officer and Michael McCleary, Chief Monetary Officer, you may be given a possibility to ask questions as time permits.

As a reminder, this convention name is proscribed to at least one hour and is being recorded at the moment, Tuesday, April eleventh, 2023. A digital replay will likely be accessible following the conclusion of at the moment’s convention name by means of April 18th, 2023 by dialing 1-877-344-7529 for home callers or 1-412-317-0088 for worldwide callers and by getting into the replay entry code 6733003.

For opening remarks, I want to flip the decision over to PriceSmart’s Chief Monetary Officer, Michael McCleary. Please proceed, sir.

Michael McCleary

Thanks, operator, and welcome to the PriceSmart earnings name for the second quarter of fiscal yr 2023 that ended on February twenty eighth, 2023. We will likely be discussing the data that we supplied in our earnings press launch and our 10-Q, which had been each launched yesterday afternoon, April tenth, 2023. Yow will discover these paperwork on our Investor Relations web site at, the place you may as well join e-mail alerts.

As a reminder, all statements made on this convention name apart from statements of historic truth are forward-looking statements regarding the Firm’s anticipated plans, revenues and associated issues. Ahead-looking statements embrace, however will not be restricted to, statements containing the phrases count on, consider, plan, will, could, ought to, estimate and comparable expressions.