Cover |
Feb. 28, 2025 |
---|---|
Cover [Abstract] | |
Document Type | 8-K/A |
Document Period End Date | Feb. 28, 2025 |
Entity Registrant Name | PriceSmart, Inc. |
Entity Incorporation, State or Country Code | DE |
Entity File Number | 000-22793 |
Entity Tax Identification Number | 33-0628530 |
Entity Address, Address Line One | 9740 Scranton Road |
Entity Address, City or Town | San Diego |
Entity Address, State or Province | CA |
Entity Address, Postal Zip Code | 92121 |
City Area Code | 858 |
Local Phone Number | 404-8800 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, $0.0001 par value |
Trading Symbol | PSMT |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
Amendment Flag | true |
Entity Central Index Key | 0001041803 |
Amendment Description | PriceSmart, Inc., a Delaware corporation (“PriceSmart” or the “Company”), is filing this Amendment No. 1 to Form 8-K to report that on June 17, 2025 (i) the Compensation and Human Capital Committee of the Board of Directors of the Company (the “Compensation Committee”) approved increased compensation for Mr. Price associated with his promotion from Executive Vice President and Chief Transformation Officer to Chief Executive Officer, effective September 1, 2025, and (ii) the Company entered into an Amended and Restated Employment Agreement effective September 1, 2025 with David Price. |