Pricesmart Inc (PSMT)

PriceSmart, Inc. Stock (PSMT) dropped by 12.81% from $71.67 to $62.49 in the trading on Tuesday October 31, 2023. The reason why PSMT stock down today is due to Earnings Miss. PriceSmart reported Q4 GAAP EPS of $0.49 misses by $0.32. On the revenue line, the company reported $1.1 billion, beating estimates by $18 million. In the same quarter a year ago, the company earned $0.75 per share on revenue of $1 billion.