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PriceSmart sales skyrocket in July

San Diego – PriceSmart reported substantial increases in both net warehouse club sales and same-store warehouse club sales during July of this year as compared to July of last year. For the month of July 2013, net warehouse club sales increased 11.9% to $188.5 million, from $168.5 million in July a year earlier. There were 31 warehouse clubs in operation at the end of July 2013 and 29 warehouse clubs in operation at the end of July 2012.

For the four weeks ended July 28, 2013, comparable warehouse sales for the 29 warehouse clubs open at least 13 1/2 full months increased 8.9%, compared to the same four-week period last year.

 

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