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PriceSmart Foods is a chain of supermarkets located in British Columbia, Canada. It is a wholly owned subsidiary of the Overwaitea Food Group , which is owned by the Jim Pattison Group . PriceSmart shares the same brands and rewards card system as other Overwaitea chains, including Save-On-Foods .
The stores purchased were under the Safeway, Thrifty Foods and Sobeys banners and all were converted to become Save-On-Foods stores. [1] It was also announced that Overwaitea would convert 11 PriceSmart Foods locations to the Save-On-Foods brand. [2] OFG employed over 15,000 team members, as of August 2015.
PriceSmart, Inc. is an American operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of The Price Club ; Robert Price is chairman of the board.
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The 10-second takeawayFor the quarter ended Feb. 29 (Q2), PriceSmart beat expectations on revenues and missed estimates on earnings per share. Compared PriceSmart Misses Where It Counts
PriceSmart (NAS: PSMT) carries $37 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could ...
2017 – Acquired Choices Markets from the Lockhart family to be operated as a division of Buy-Low Foods LP 2019 – Sold Sun-Rype to Lassonde Industries for C$80 million in an all-cash deal. [ 8 ] [ 9 ] As well, in announcing the sale, it was reported that Sun-Rype had C$164 million in gross sales for their fiscal year ended September 30, 2019 ...
PriceSmart (NAS: PSMT) carries $37.5 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.