PriceSmart shares dip as revenue falls short of Street view

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PriceSmart shares dip as revenue falls short of Street view
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PriceSmart Inc. shares slipped in the extended session Tuesday after the warehouse club chain's quarterly revenue fell short of Wall Street estimates....

PriceSmart Inc. PSMT, -1.00% shares slipped in the extended session Tuesday after the warehouse club chain's quarterly revenue fell short of Wall Street estimates. PriceSmart shares declined 2.4% after hours, following a 1% decline to close the regular session at $59.60. The company reported fiscal second-quarter net income of $23.7 million, or 79 cents a share, compared with $14.1 million, or 47 cents a share, in the year-ago period. Revenue rose to $854.4 million from $839.

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