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PriceSmart, Inc. (PSMT) Q1 2025 Earnings Call Transcript

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PriceSmart, Inc. (NASDAQ:PSMT) Q1 2025 Earnings Conference Call January 10, 2024 12:00 PM ET

Company Participants

Michael McCleary – Executive Vice President and Chief Financial Officer
Robert Price – Interim Chief Executive Officer

Conference Call Participants

Jonathan Braatz – Kansas City Capital
Hector Maya – Scotiabank

Operator

Good afternoon, everyone, and welcome to PriceSmart, Inc.’s Earnings Release Conference Call for the First Quarter of Fiscal Year 2025, which ended on November 30, 2024.

After remarks from our company’s representatives, Robert Price, Interim Chief Executive Officer; and Michael McCleary, Chief Financial Officer, you will be given an opportunity to ask questions as time permits.

As a reminder, this conference call is limited to one hour and is being recorded today, Friday, January 10, 2025. A digital replay will be available shortly following the conclusion of the call through January 17, 2025 by dialing 888-660-6264 for domestic callers or 646-517-3975 for international callers and entering replay access code 20154#.

For opening remarks, I would like to turn the call over to PriceSmart’s Chief Financial Officer, Mr. Michael McCleary. Please proceed, sir.

Michael McCleary

Thank you, operator, and welcome to PriceSmart, Inc.’s Earnings Call for the First Quarter of Fiscal Year 2025, which ended on November 30th, 2024.

We will be discussing the information that we provided in our earnings press release and our 10-Q, which were both released on January 8th, 2025. Also in these remarks, we refer to non-GAAP financial measures. You can find a reconciliation of our non-GAAP financial measures to the most directly comparable GAAP measures in our earnings press release and our 10-Q.

These documents are available on our Investor Relations website at investors.pricesmart.com, where you can also sign up for email alerts. As a reminder, all statements made on this conference call other than statements of historical fact, are forward-looking statements

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