PriceSmart has sharp Q2

San Diego – PriceSmart Inc. reported increases in net earnings and revenues during the second quarter of fiscal 2014. Compared to the same period a year earlier, net earnings rose 14% to $28.3 million, from $24.9 million.

Revenues climbed 11% to $674.4 million from $607.4 million. The opening of two new warehouse club stores contributed to PriceSmart’s fiscal performance.

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