EL7.AI
StocksMediumUpdated•Originally published 8 July 2026•Updated 8 July 2026•
1 min read

PriceSmart Sales Grow 12.5% as Texas Capital Sets Earnings Date

Key Facts

1PriceSmart announced net merchandise sales grew 12.5% to $1.48 billion in the fiscal third quarter of 2026.
2PriceSmart reported earnings per diluted share of $1.28 for the quarter ended May 31, 2026.
3Texas Capital Bancshares scheduled July 22, 2026, for the release of its second quarter 2026 financial results.

Amid sustained consumer spending strength in emerging markets, PriceSmart reported robust fiscal third-quarter results for the period ended May 31, 2026. Net merchandise sales grew by 12.5% to reach $1.48 billion, while the company achieved diluted earnings per share of $1.28. Separately, Texas Capital Bancshares has officially scheduled July 22, 2026, for the release of its second-quarter financial results.

PriceSmart's strong performance reflects stability in the retail sector, with sales growth outperforming some warehouse club peers; for instance, Costco reported an 8.1% sales increase in its recent filings per market data. Analysts note that PriceSmart's expansion in Central American and Caribbean markets has directly contributed to enhanced profit margins, positioning it competitively against other consumer-facing entities.

Looking ahead, investors are awaiting Texas Capital's results later this month to gauge the health of the regional banking sector.