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Pricesmart (STU:PS8) Gross Profit : €738 Mil (TTM As of Feb. 2024)


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What is Pricesmart Gross Profit?

Pricesmart's gross profit for the three months ended in Feb. 2024 was €205 Mil. Pricesmart's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was €738 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pricesmart's gross profit for the three months ended in Feb. 2024 was €205 Mil. Pricesmart's Revenue for the three months ended in Feb. 2024 was €1,198 Mil. Therefore, Pricesmart's Gross Margin % for the quarter that ended in Feb. 2024 was 17.11%.

Pricesmart had a gross margin of 17.11% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Pricesmart was 17.81%. The lowest was 15.68%. And the median was 16.25%.


Pricesmart Gross Profit Historical Data

The historical data trend for Pricesmart's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pricesmart Gross Profit Chart

Pricesmart Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 474.88 468.48 547.85 672.29 696.31

Pricesmart Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 185.09 169.34 175.48 188.68 204.95

Competitive Comparison of Pricesmart's Gross Profit

For the Discount Stores subindustry, Pricesmart's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pricesmart's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pricesmart's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pricesmart's Gross Profit falls into.



Pricesmart Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Pricesmart's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=4045.659 - 3349.352
=696

Pricesmart's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=1197.638 - 992.69
=205

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €738 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Pricesmart's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=205 / 1197.638
=17.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Pricesmart  (STU:PS8) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Pricesmart had a gross margin of 17.11% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Pricesmart Gross Profit Related Terms

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Pricesmart (STU:PS8) Business Description

Traded in Other Exchanges
Address
9740 Scranton Road, San Diego, CA, USA, 92121
Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in Latin America and the Caribbean, with Central America contributing over half of its net warehouse club sales. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income, with net warehouse club sales accounting for the majority of the company's total revenue.

Pricesmart (STU:PS8) Headlines

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