PriceSmart Inc (PSMT) company profile
Close on Nov 12, 2026Market cap $5.09BP/E 30.5Yield 0.85%
About PriceSmart
Retail-Variety Stores, SIC 5331
PriceSmart, Inc. operates membership warehouse clubs across Central America, the Caribbean, and South America. The company serves individual retail consumers and commercial business members by providing a broad assortment of consumer goods, fresh foods, hardlines, softlines, and private-label merchandise under the Member's Selection brand. It also offers specialized member services such as optical centers and pharmacies, alongside digital ordering through its website and mobile app featuring delivery and pickup options. The company organizes its activities into four operating segments: Central America, the Caribbean, Colombia, and the United States.
As of August 31, 2026, the company operated 58 warehouse clubs across twelve countries and territories, including Costa Rica, Colombia, Panama, Guatemala, the Dominican Republic, Trinidad, El Salvador, Honduras, Nicaragua, Jamaica, Aruba, Barbados, and the U.S. Virgin Islands. It supports these operations with regional and local distribution centers across multiple nations, as well as facilities in China. PriceSmart is headquartered in San Diego, California.
Summary of the business section of PriceSmart's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PriceSmart Inc
- Founded
- 1996
- Headquarters
- San Diego, CA
- Address
- 9797 Aero Drive 92123
- Phone
- (858) 404-8800
- Website
- pricesmart.com
- Employees
- 13,000, Aug 31, 2026
- Industry
- Retail-Variety Stores
- Incorporated in
- Delaware
- Fiscal year ends
- August 31
- Auditor
- Ernst & Young LLP, San Diego, California
Stock & identifiers
- Ticker
- PSMT
- Exchange
- Nasdaq
- IPO date
- Sep 2, 1997
- Shares outstanding
- 31M, Oct 21, 2026
- Public float
- $4.08B, Feb 28, 2026
- Filer category
- Large accelerated filer
- SEC CIK
- 1041803
- CUSIP
- 741511109
- ISIN
- US7415111092
- FIGI
- BBG000BTKR92
- Share class FIGI
- BBG001SB78V3
- LEI
- 549300JVYOSTGVSDZS46
- EIN
- 33-0628530
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David R. Price | CEO, Director | 176,233 |
| John D. Hildebrandt | President and COO | 102,557 |
| Francisco Velasco | EVP - CLO, CRCO | 76,399 |
| Gualberto Hernandez | EVP & Chief Financial Officer | 40,439 |
| Shari G. White | EVP-Chief Merch. Officer | 20,976 |
| Shweta Bhatia | EVP and CIO | 26,913 |
| Paul Kovaleski | EVP-Chief Merch. Officer | 38,655 |
| Wayne J. Sadin | EVP and CIO | 52,126 |
| Michael McCleary | EVP-Finance | 51,959 |
| Robert E. Price | Director | 1,604,893 |
| Sherry S. Bahrambeygui | Director | 85,977 |
| Beatriz V. Infante | Director | 11,210 |
| Edgar Zurcher | Director | 8,151 |
| Gordon H. Hanson | Director | 8,149 |
| Leon C. Janks | Director | 31,865 |
| Jeffrey Fisher | Director | 13,784 |
| David R. Snyder | Director | 11,278 |
| Patricia Marquez | Director | 10,263 |
| John Thelan | Director | 6,972 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2023 | $8.60M | $5.36M | $1.82M | $125 | $103 |
| FY2022 | $10.18M | $7.32M | $1.63M | $98 | $90 |
| FY2021 | $7.55M | $9.43M | $1.26M | $130 | $113 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Gualberto Hernandez Executive Vice President and Chief Financial Officer | $180.00K | $150.00K | – | $45.00K | $74.93K | $449.93K | – |
| Michael L. McCleary Executive Vice President and Former Chief Financial Officer | $721.00K | – | $915.12K | $180.25K | $89.41K | $1.91M | -58% |
| John D. Hildebrandt President and Chief Operating Officer | $1.03M | – | $2.13M | $329.60K | $177.24K | $3.67M | -64% |
| Francisco Velasco Executive Vice President, Secretary and General Counsel | $782.80K | – | $1.02M | $206.00K | $103.87K | $2.11M | -58% |
| David N. Price Executive Vice President and Chief Transformation Officer | $705.55K | – | $851.25K | $176.39K | $91.27K | $1.82M | -61% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of August 31, 2026, we had over 13,000 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 28, 2010 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 10, 2010 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 28, 2009 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 12, 2009 | Late filing | Notification of late filing |
| Nov 15, 2007 | Late filing | Notification of late filing |
| Aug 18, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 22, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 2, 2003 | Late filing | Notification of late filing |
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