PriceSmart published calendar Q4 revenues which rose by 8.1% year over year, beating consensus estimates by 4.8 percentage points. The Central American retailer centralizes its global sourcing via the U.S. and experienced a 24.5% year over year expansion in U.S. seaborne imports linked to the firm in Q4’20. That was the result of increased imports of toys and furniture which rose by 35.8% and 34.0% year over year respectively in Q4’20 after declining in prior quarters. CEO Sherry Bahrambeygui noted the firm’s growth is in part down to supply chain flexibility stating...
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