What Does PriceSmart Do?

Total employees5093
HeadquartersSan Diego
Founded1995

PriceSmart, Inc. (NASDAQ: PSMT) is the largest operator of U.S.-style membership warehouse clubs in Central America, the Caribbean, and Colombia. Serving over 3 million cardholders, the company offers a curated selection of high-quality private label (Member's Selection) and international brand name merchandise at low prices to both individuals and businesses. PriceSmart focuses on providing value and convenience to its members across its operational regions.

Where Is PriceSmart's Headquarters?

HQ Function

The headquarters houses key corporate functions including executive management, finance, global merchandising, supply chain management, IT, legal, and human resources, overseeing the company's international network of warehouse clubs.

Notable Features:

The headquarters is a modern, functional office space designed to facilitate collaboration and efficient operations for a global enterprise. While not known for unique architectural landmarks, it provides a professional environment equipped with necessary amenities for its corporate staff.

Work Culture:

The work culture at PriceSmart's headquarters is characterized by a focus on international retail operations, efficiency, data-driven decision-making, and cross-cultural collaboration, given its diverse market presence. Employees experience a dynamic environment geared towards growth and operational excellence in the value club sector.

HQ Significance:

The San Diego headquarters serves as the central command center for PriceSmart's extensive network of warehouse clubs across Latin America and the Caribbean. It's critical for strategic decision-making, financial oversight, global sourcing, merchandising strategies, and technological infrastructure development that underpins the company's international operations.

Values Reflected in HQ: The headquarters likely reflects PriceSmart's values of efficiency, value provision, and a global operational mindset through a functional and technologically equipped workspace focused on supporting its international retail network.

Location:

PriceSmart operates 54 warehouse clubs (as of May 2024) in 12 countries and one U.S. territory: Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Aruba, Barbados, Jamaica, Trinidad and Tobago, and the United States Virgin Islands. Its global functions include international retail operations, centralized and regional merchandising, complex supply chain management, logistics through its distribution centers (e.g., Miami, Panama, Colombia), financial controls, and IT infrastructure supporting all club locations and e-commerce platforms.

Street Address:

9740 Scranton Road

City:

San Diego

State/Province:

California

Country:

USA

Where Else Does PriceSmart Operate Around the World?

Doral, Florida/USA

Address: 8355 NW 30th Terrace, Doral, FL 33122, USA

Facilitates procurement, export operations, and consolidation of goods, leveraging Miami's strategic position as a major trade gateway to Latin America and the Caribbean. It also supports some administrative and operational functions for the East Coast and Caribbean regions.

Buying Intent Signals for PriceSmart

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading PriceSmart? Meet the Executive Team

As of April 2025, PriceSmart' leadership includes:

Sherry S. Bahrambeygui - Chief Executive Officer
Michael McCleary - Executive Vice President and Chief Financial Officer
John D. Hildebrandt - Executive Vice President and Chief Operating Officer
David Price - Executive Vice President, Chief of Staff, and Chief Transformation Officer
Rodrigo Calvo - Executive Vice President, Chief Merchandising Officer
Ana Luisa Bianchi - Executive Vice President, Chief Digital and Technology Officer
Francisco Velasco - Executive Vice President, General Counsel and Corporate Secretary

Who's Investing in PriceSmart?

PriceSmart has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock Fund Advisors
Dimensional Fund Advisors LP
Renaissance Technologies, LLC

What Leadership Changes Has PriceSmart Seen Recently?

Hire1
Exits1

Over the past year, PriceSmart has experienced key transitions in its executive leadership, notably within its technology division, reflecting an ongoing commitment to digital advancement and strategic succession planning.

Departures

Wayne Sadin, Wayne Sadin retired from his role as EVP and Chief Information Officer, concluding his tenure with the company.

New Appointments:

Ana Luisa Bianchi, Ana Luisa Bianchi was promoted from within the company to the role of EVP and Chief Digital and Technology Officer, signaling a focus on leveraging internal talent for key leadership positions.

What Technology (Tech Stack) Is Used byPriceSmart?

Discover the tools PriceSmart uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

PriceSmart Email Formats and Examples

PriceSmart commonly utilizes an email format that combines the first initial of an employee's first name with their full last name. This is a standard pattern for many corporations.

f[last]@pricesmart.com

Format

jdoe@pricesmart.com

Example

85%

Success rate

What's the Latest News About PriceSmart?

Yahoo Finance / Business Wire • May 7, 2024

PriceSmart Announces April Net Merchandise Sales

PriceSmart reported net merchandise sales of $350.0 million for the month of April 2024, an increase of 8.0% over April 2023. Foreign currency fluctuations negatively impacted sales by 2.7%....more

Yahoo Finance / Business Wire • April 8, 2024

PriceSmart Reports Second Quarter Fiscal Year 2024 Financial Results

PriceSmart announced its financial results for the second quarter of fiscal year 2024, which ended February 29, 2024. The company reported net merchandise sales of $1.16 billion and total revenues of $1.29 billion, with net income attributable to PriceSmart of $41.8 million....more

PriceSmart Press Release • February 28, 2024

PriceSmart Announces Opening of its 53rd Warehouse Club in El Salvador, its Second in that Country

PriceSmart announced the opening of its newest warehouse club in San Miguel, El Salvador. This marks the company's 53rd club overall and its second in El Salvador, expanding its footprint in Central America....more

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