PriceSmart, Inc. announced that on November 30, 2023 the Company opened its newest warehouse club in Escuintla, Guatemala, bringing the total number of warehouse clubs in operation by the Company to 53. The Escuintla club is the sixth club in Guatemala and was constructed on a five-acre property. In addition, the Company plans to open a warehouse club in Santa Ana, El Salvador in February 2024.

Once this new club is open, the Company will operate 54 warehouse clubs.