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Service-oriented and labor-intensive businesses may face higher operating costs due to the 23% minimum wage hike and its immediate impact on indexed service categories

“It’s as if all the stars lined up for us and what you saw were the results as of 2022, where we were able to grow 44%”

Record Q4 Gross Margin, Operating Margin, Net Income, Adjusted EPS & Free Cash Flow

Net merchandise sales grew 8.6%. Membership renewals were 87.9% and EPS grew 7.1% to $1.05 per share.

Gross profit for the third quarter of 2022 nearly doubled to $105.3 million, representing a 52.2% gross margin

The order backlog for Tecnoglass includes 20 of the 22 tallest skyscrapers currently under construction or planning to break ground in South Florida.

In many markets PriceSmart is the only reliable source for high quality grocery imports from the US, such as whole turkeys or authentic bacon, ham, cheeses & condiments.

Reportedly 100 new ideas have been added to Colombia's second attempt at tax reform this year, and four original provisions have already been axed.

PriceSmart, Inc. (NASDAQ: PSMT) announced that net merchandise sales in May increased 16.3% to $286.4 million from $246.3 million in May a year earlier. Comparable net merchandise sales for the 45 warehouse clubs open at least 13½ full months increased 12.0% when compared to the...

Tecnoglass raises Full Year 2021 Growth Outlook to Adjusted EBITDA1 of $115 Million to $125 Million on Total Revenues of $420 Million to $435 Million. Record Cash Flow From Operations of $29.0 Million Marks 4 Straight Quarters of Exceptional Cash Generation and Supporting Further...