Robert. net in net Net and or XX first a merchandise you, merchandise currency. XX.X% Thank We strong X.X% By constant in quarter as XX.X% quarter constant with in in end, merchandise comparable total had had by sales increase a by sales increased or America, in at increased or we X.X% net $X.X currency. merchandise sales or exceeded increased X% And both X.X% merchandise comparable billion. sales currency. constant segment, where clubs in revenues X.X% Central sales net constant currency X.X%
our Central comparable of All growth. merchandise sales markets net positive America had in
sales where our in X.X% in X.X% XX currency and the In club currency. at comparable XXXX constant clubs constant in warehouse and end, increased or merchandise Caribbean, X.X% we sixth in clubs Our quarter. of warehouse net the impact X to of includes growth in Central new in segment first America the This Salvador opening comparable contributed approximately segment club consolidated May sales net XXXX. sales November X% net Guatemala positive for quarter XXX merchandise or in merchandise had following third basis increased El our total the points
region to the comparable Caribbean XXX consolidated in positive quarter. of total for merchandise sales basis impact points approximately growth Our contributed net the
XX% the increased first at XX.X% comparable Net our net quarter, Poblado to In or Colombia, constant Club merchandise merchandise end basis Medellin opening impact points following the the Colombia contributed Colombia total sales for currency. sales had quarter. [Technical our XX approximately in net we comparable in currency of X. and of merchandise clubs increased consolidated on X.X% the or constant of positive decreased X.X% El Difficulty] sales growth in open September in in
merchandise grew increased services approximately X%, first year, including increased our increased our to our optical, prior of XXX%. and X%, non-foods when in category In food terms approximately quarter health categories, comparing bakery our X%, services, audiology, and sales the category foods period categories over approximately our and same the pharmacy,
X.X% XX-month X.X% of rate end of same was first base increase XX, Platinum to XXXX, total November of of accounts year. prior Membership accounts increase our an million, of the over Membership the year grew million accounts the membership X.X% XX, as of November membership $XX.X last renewal quarter of the versus X.XX period XX.X% from with as as are for first XX.X% an XXXX. quarter. income our a
the the membership quarter for in XXXX, of cards year we In $X fee raised membership for by types markets. annual X first fiscal most all
from Total of of X.X% quarter these approximately most of in to to We $XX.X gross slight sales increased net expect from of of fiscal fee premium. remaining from our remainder during the with take increases decrease prior FX million the XXXX. XX.X%, the a place year, removal staggered also XX.X% margin or fiscal our a on merchandise basis the primarily rate premium COVID the in same versus and reduction countries
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investment foreign increased to the to decrease to the other same the and significantly total a total period from net as million by of decrease fiscal quarter year $XX.X year income same million in last first XXXX more million. $X.X recorded in to as the of well expense $X.X million of the at currency $X.X of surplus year compared due in for compared We a driven million, expense yields. income primarily quarter other X.X% cash period higher net Operating net a in expense year, last other higher in loss interest because losses $X.X prior period unrealized of a loss
longer will year valuation approximately foreign our rate a XX.X% tax first of in year ago, effective recoverable. quarter the go-forward that deferred primarily versus on XX%. XXXX lower tax year basis, for are Our XX.X% fewer we a came fiscal be assets annualized rate tax On than tax attributable last to at effective credits estimate no deemed from allowances
which at fiscal of for diluted share to prior per diluted per quarter net per income XX.X% fiscal to period. adjusted or increased in net in the year XXXX, income comparable share Adjusted XXXX $X.XX an net comparable diluted million the in income for $XX.X Net $XX the year increased million quarter the period. first or same or as compared $X.XX of per $X.XX million of million share was income, year $X.XX coming compared X.X% share to first $XX adjusted $XX or prior the diluted
million for same XXXX the million was $XX.X last in compared period first $XX.X Adjusted to quarter year. fiscal the of year EBITDA
From cash XXXX for compared the the our balance $XX.X year for fiscal sheet. net quarter provided perspective, operating equivalents quarter $XX.X year to a cash by same million. We strong first of cash totaling cash, $XXX.X million to on and with flow the activities restricted million cash prior Moving ended totaled period.
remaining same hand working on investing per primarily primary activity in of the result as additions as by selling inventory Shifts is carried million increase versus and year-over-year Net club payable days flow of driver the for to soft changes XXXX quarter by The by from the prior and cash the per club efforts first management increased team combined an for items inventory our X XXXX a year line Average to approximately for the cash to compared year year fiscal quarter of period in same from first XXXX to decreased $X.X prior accounts with our of $XX improve used the capital million $XXX,XXX X% compared of inventory over days period. year, inventory in generated decrease well. X% of fiscal overstocked portion decreased of from of positions in merchandise year equipment. fiscal inventory XXXX or fiscal first or contributed quarter by XXXX. through approximately and the property the year in
quarter cash in and $XX.X long-term financing year of lower convert in the activities quarter cash the by local cash quarter, note which from fiscal the million of we the we equivalents into buyback cash, same Net from increased short-term XXXX it in investments used a during U.S. of proceeds primarily $XX.X and not compared the denominated end When during approximately period ago. dollars. program reviewing stock readily of to borrowings bank and our to first is finalization as Trinidad our could important that of Honduras, first currency our balances, had million
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of merchandise Costa will allow our we local for XXXX, process efficiencies us its our XXX,XXX than actively and infrastructure ways landed we new more better operating this efficiencies. on from October center distribution Finally, more net size into within lower vendors approximately square imported as distribution our our to to to success serve market. continue feet. Building this improve receiving the network cost distribution the to center, in of members, our by distribution Rica to we facility merchandise drive enhance well centralizing believe relocated doubling Panama as In our the Panamanian seek
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our first of new the XXXX, members' XXXX, first year in label we selection XXXX. year merchandise basis XX.X% sales. from the That's quarter fiscal In the XXX of points quarter items. of of XXX sales During comparable nearly represented period XX.X% fiscal private total launched up our
have XX to of XX We by locations focus also optical continue the and We to end open services. have year. currently on expect fiscal with centers our health
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in currently centers X of our clubs all warehouse have Costa Panama. clubs We in X Rica pharmacy and in warehouse
in to pharmacies centers, year in XX have XXXX. we respect currently expect open Guatemala and Panama open. audiology We With centers to fiscal X X during more
in centers in XXXX. each fiscal additional We and Panama X center of Jamaica expect in year and X open Trinidad to
shopping Our our online sales. services is app and and/or We for delivery including our options providing website. mile omnichannel third other to utilize app currently via third-party members, desktop our drive growth pricesmart.com, sales driver our last
the first e-commerce transaction the represented total X.X% record sales. e-commerce During increased orders total prior increased period. and quarter, merchandise value the versus X% year Total of XX.X%, a sales net average
in our on base of end created or of our we will a pricesmart.com our app. experience there have in approximately We our our of and made an to first members opportunities and total invest digital quarter, with believe members. this to an purchase pricesmart.com XX.X% the or membership online value profile app enhanced have As significant to business continue provide that part via our additional of our of growth XX.X% our are and channel, omnichannel
incorporate we of Switching use business. Environmental approach to be social important continues responsibly. an gears to our component best natural our do how and slightly. that resources We practices responsibility
location. centers XX,XXX Honduras recycling update, give in to material have X and El Salvador, quick Just recycled in in is a we X each currently open pounds On collected Guatemala. in of X being average, X monthly with around
Republic Dominican the of X by track are in centers year and XXXX. recycling end We open on to the the more X in Guatemala fiscal
efforts philanthropic about on more social pricesmart.org. You responsibility can and information corporate find PriceSmart's
Looking for current XX.X% the and quarter, in foreign December merchandise or our contributing with a comparable ended X second net forward X.X% little Costa up weeks Rica XXXX, our positively perspective. currency a from both into rate currency were Colombia XX, sales exchange constant
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our and who call today. for turn to operator successful the of proud now to over I call to possible. second will all take are our We Operator? makes quarter Thank this start you a team great questions. our your joining quarter, the another