Investing in PriceSmart (NASDAQ:PSMT) Three Years Ago Would Have Delivered You a 37% Gain
Why Tariffs Could Really Pinch Retailers This Time -- Heard on the Street -- WSJ
Getting In Cheap On PriceSmart, Inc. (NASDAQ:PSMT) Is Unlikely
AI shopping assistants have contributed to usa's "Cyber Monday" sales surpassing 13 billion dollars, a year-on-year increase of 7.3%.
According to a report by adobe, usa consumers reached an online spending of 13.3 billion dollars this year on "Cyber Monday", which is a 7.3% increase compared to Cyber Monday in 2023, surpassing the 10.8 billion dollars spent online on Black Friday. Caila Schwartz, director of consumer research at Salesforce, stated that generative ai tools can answer basic product queries from online shoppers, helping retailers protect their profit margins despite rising costs.
PriceSmart Announces Earnings Release and Conference Call Details for the First Quarter of Fiscal 2025
"Black Friday" flash report: The United States experiences a stark contrast between offline and online sales, with online shopping expected to set a new record.
Consumers are increasingly inclined to shop online. The data shows that physical store sales growth is less than 1%, while online sales have surged by 14.6%.
Promotions Drive Black Friday Weekend Gains, Retailers Stay Upbeat on Season
Can Trump's election boost retail? The test of 'Black Friday' is coming.
The media has found that voters supporting Trump are optimistic about the economic outlook, while Harris's supporters are more pessimistic. Behavioral finance experts say that Republican spending may be influenced by their optimistic sentiment, while the emotions of Democrats may suppress their spending.
Scotiabank Maintains Pricesmart(PSMT.US) With Hold Rating, Raises Target Price to $100
Trump's tariffs raise concerns! The National Retail Federation: this could reduce the consumer purchasing power of Americans by $78 billion each year.
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
New tactics against inflation! The consumer industry in the usa collectively prolongs "Black Friday".
In the face of stubborn inflation and rising prices, usa consumers are no longer impulsively "buying more", they are paying more attention to discounts and high cost performance. To cope with inflation and stimulate consumption, retail giants such as walmart and amazon have extended the "Black Friday" shopping festival from one day to several weeks. Analysis suggests that Trump's rise to power may further exacerbate the inflation situation.
Is PriceSmart (NASDAQ:PSMT) A Risky Investment?
Holiday Blues: The Retail Sector Is Jolted by Target's Earnings Update
Don't Ignore The Insider Selling In PriceSmart
Pricesmart Insider Sold Shares Worth $751,984, According to a Recent SEC Filing
Trump's Tariff Proposals Spark Retailer Concerns. What Comes After the Election. -- Barrons.com
PriceSmart Full Year 2024 Earnings: In Line With Expectations
PriceSmart, Inc. (PSMT) Q3 2024 Earnings Call Transcript Summary
PriceSmart Shares Are Trading Lower After the Company Reported Worse-than-expected Q4 Adjusted EPS Results.
Earnings Flash (PSMT) PRICESMART Reports Q4 EPS $0.94