PriceSmart Announces April Sales +12.3% YoY

PriceSmart, Inc.

today announced that for the month of April 2012 net sales increased 12.3% to $159.1 million from $141.7 million in April a year earlier. For the eight months ended April 30, 2012, net sales increased 21.8% to $1,337.6 million from $1,098.5 million for the eight months ended April 30, 2011. There were 29 warehouse clubs in operation at the end of April 2012 and 28 warehouse clubs in operation at the end of April 2011.