PriceSmart records November sales increase of 21 percent to $131.9 million
Wednesday, December 8, 2010
PriceSmart, which operates warehouse clubs in Central America and the Caribbean, said that a key revenue figure rose 15.8 percent in November.
Total sales rose 21 percent to $131.9 million for the month, while revenue in stores open at least one year rose 15.8 percent.
The measure is considered a key gauge of a retailer's health because it excludes stores that open and close during the year.
Original source: Associated Press