普尔斯玛特 2026年季度报告

SECURITIES AND EXCHANGE COMMISSION TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 PriceSmart, Inc. (Exact name of registrant as specified in its charter) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports); and (2) has been subject to such Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles). Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). No The registrant had 30,815,417 shares of its common stock, par value $0.0001 per share, outstanding at December31, 2025. INDEX TO FORM 10-Q Table of Contents PART I—FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS PriceSmart, Inc.’s (“PriceSmart,” “we,” the “Company” or “our”) unaudited consolidated balance sheet as of November30,2025 and the consolidated balance sheet as of August31, 2025, the unaudited consolidated statements of income for the three monthsended November30, 2025 and 2024, the unaudited consolidated statements of comprehensive income for the three months endedNovember30, 2025 and 2024, the unaudited consolidated statements of equity for the three months ended November30, 2025 and Table of Contents Translation adjustments arising in translating the financial statements of a foreign entity have no effect on the income taxes of that foreign entity.They may, however, affect: (a) the amount, measured in the parent entity's reporting currency, of withholding taxes assessed on dividends paid tothe parent entity and (b) the amount of taxes assessed on the parent entity by the government of its country. The Company has determined thatthe reinvestment of earnings of its foreign subsidiaries are indefinite because of the long-term nature of the Company's foreign investment plans. See accompanying notes. PRICESMART, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS — (Continued) The following table provides a breakdown of cash and cash equivalents, and restricted cash reported within the statement of cashflows: PRICESMART, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) NOTE 1 – COMPANY OVERVIEW AND BASIS OF PRESENTATION PriceSmart, Inc.’s (“PriceSmart,” the “Company,” “we” or “our”) business consists primarily of international membershipshopping warehouse clubs similar to, but typically smaller in size than, warehouse clubs in the United States. As of November30,2025, the Company had 56 warehouse clubs in operation in 12 countries and one U.S. territory (ten in Colombia; nine in Costa Rica;seven each in Panama and Guatemala; five in Dominican Republic; four each in Trinidad and El Salvador; three in Honduras; twoeach in Nicaragua and Jamaica; and one each in Aruba, Barbados and the United States Virgin Islands), of which the Company owns100% of the corresponding legal entities (see Note 2 - Summary of Significant Accounting Policies). In addition, the Company plansto open one new warehouse club in La Romana, Dominican Republic in the spring of 2026, one warehouse club in each of Montego PriceSmart continues to invest in technology and talent to support the following three major drivers of growth: 1.Invest in Adding New PriceSmart Locations, Remodeling Current PriceSmart Clubs and Opening MoreDistribution Centers;2.Increase Membership Value; and Basis of Presentation– The interim consolidated financial statements have been prepared in accordance with the instructionsto Form 10-Q for interim financial reporting pursuant to the rules and regulations of the U.S. Securities and Exchange Commission These interim consolidated financial statements should be read in conjunction with the consolidated financial statements andnotes included in the Company’s Annual Report on Form 10-K for the fiscal year ended August31, 2025 (the “2025 Form 10-K”). Theinterim consolidated financial statements include the accounts of PriceSmart, Inc., a Delaware corporation, and its subsidiaries. Throughout this Quarterly Report, we refer to various trademarks and trade names that we use in our business. Othertrademarks, service marks or trade names referred to in this Quarterly Report are the property of their respective owners. NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Cons