<SEC-DOCUMENT>0001041803-17-000009.txt : 20170307
<SEC-HEADER>0001041803-17-000009.hdr.sgml : 20170307
<ACCEPTANCE-DATETIME>20170307140029
ACCESSION NUMBER:		0001041803-17-000009
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170307
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170307
DATE AS OF CHANGE:		20170307

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRICESMART INC
		CENTRAL INDEX KEY:			0001041803
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-VARIETY STORES [5331]
		IRS NUMBER:				330628530
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22793
		FILM NUMBER:		17671432

	BUSINESS ADDRESS:	
		STREET 1:		9740 SCRANTON ROAD
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92121
		BUSINESS PHONE:		8584048800

	MAIL ADDRESS:	
		STREET 1:		9740 SCRANTON ROAD
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92121
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>psmt-20170307x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			8-K February Sales 2017
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			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:18pt;">UNITED STATES</font><a name="bm_8K_Second_Quarter_FY15_and_March_Sale"></a>
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			<font style="display: inline;font-weight:bold;font-size:18pt;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display: inline;font-weight:bold;">Washington, D.C. 20549</font>
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			<font style="display: inline;font-weight:bold;font-size:18pt;">FORM 8-K</font>
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			<font style="display: inline;font-weight:bold;">CURRENT REPORT</font>
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			<font style="display: inline;font-weight:bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</font>
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			<font style="display: inline;">Date of Report (Date of</font><font style="display: inline;"> earliest event reported): </font><font style="display: inline;">March 7</font><font style="display: inline;">, 201</font><font style="display: inline;">7</font>
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		<p style="margin:0pt 0pt 8pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 24pt">
			<font style="display: inline;font-weight:bold;font-size:24pt;">PriceSmart,&nbsp;Inc.</font>
		</p>
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			<font style="display: inline;font-weight:bold;">(Exact name of registrant as specified in its charter)</font>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Delaware</font></p>
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						<font style="display: inline;font-weight:bold;color:#000000;">000-22793</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;font-weight:bold;color:#000000;">33-0628530</font></p>
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						<font style="display: inline;font-weight:bold;">(State or Other Jurisdiction of</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;font-weight:bold;">Incorporation)</font></p>
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						<font style="display: inline;font-weight:bold;color:#000000;">(Commission File Number)</font></p>
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						<font style="display: inline;font-weight:bold;">(I.R.S. Employer</font></p>
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						<font style="display: inline;font-weight:bold;">Identification No.)</font></p>
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						&nbsp;</p>
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			<font style="display: inline;font-weight:bold;">9740 Scranton Road, San Diego, CA 92121</font>
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			<font style="display: inline;font-weight:bold;">(Address of Principal Executive Offices, including Zip Code)</font>
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			<font style="display: inline;">Registrant's telephone number, including area code: (858) 404-8800</font>
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			<font style="display: inline;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</font>
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					<p style="margin:6pt 0pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
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						<font style="display: inline;color:#000000;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
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						<font style="display: inline;color:#000000;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2)(b))</font></p>
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						<font style="display: inline;color:#000000;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
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		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;font-weight:bold;">Item 2.02. Results of Operations and Financial Condition.</font>
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			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
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			<font style="display: inline;">On </font><font style="display: inline;">March</font><font style="display: inline;"> &nbsp;7</font><font style="display: inline;">, 201</font><font style="display: inline;">7</font><font style="display: inline;">, PriceSmart, Inc. issued a press release regarding its </font><font style="display: inline;">net warehouse club </font><font style="display: inline;">sales for the month </font><font style="display: inline;">ended February 28, 2017.</font><font style="display: inline;"> A copy of the press release is furnished herewith as Exhibit 99.1. Pursuant to the rules and regulations of the Securities and Exchange Commission, such exhibit and the information set forth therein and herein shall be deemed &#x201C;furnished&#x201D; and not &#x201C;filed&#x201D; for purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability under that section.</font>
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			<font style="display: inline;font-weight:bold;">Item 9.01. Exhibits.</font>
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						&nbsp;</p>
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				<td valign="bottom" style="width:04.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:77.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:05.98%;padding:0pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="middle" style="width:11.76%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">(d)</font></p>
				</td>
				<td colspan="2" valign="middle" style="width:82.28%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">The following exhibit is furnished herewith:</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:05.98%;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
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				</td>
				<td valign="top" style="width:11.76%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:04.36%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:77.92%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:05.98%;padding:0pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:11.76%;border-bottom:1pt solid #000000 ;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Exhibit</font><br /><font style="display: inline;font-weight:bold;color:#000000;">No.</font></p>
				</td>
				<td valign="bottom" style="width:04.36%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:77.92%;border-bottom:1pt solid #000000 ;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:05.98%;padding:0pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="middle" style="width:11.76%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">99.1</font></p>
				</td>
				<td valign="bottom" style="width:04.36%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:77.92%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">Press Release of PriceSmart, Inc. dated </font><font style="display: inline;color:#000000;">March 7</font><font style="display: inline;color:#000000;">, 201</font><font style="display: inline;color:#000000;">7</font><font style="display: inline;color:#000000;">.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:05.98%;padding:0pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="middle" style="width:11.76%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:04.36%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:77.92%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:05.98%;padding:0pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="middle" style="width:11.76%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:04.36%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:77.92%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;;font-size: 11pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:5pt 0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
			<font style="display: inline;font-weight:bold;">SIGNATURES</font>
		</p>
		<p style="margin:5pt 0pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
			<font style="display: inline;">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;line-height:100%;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:06.68%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:35.04%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:04.18%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:47.54%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:06.58%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:06.68%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:35.04%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">Date:&nbsp;</font><font style="display: inline;color:#000000;">March</font><font style="display: inline;color:#000000;">&nbsp;7,&nbsp;201</font><font style="display: inline;color:#000000;">7</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:04.18%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:47.54%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">/S/&nbsp;JOHN&nbsp;M.&nbsp;HEFFNER</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:06.58%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:06.68%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:35.04%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:04.18%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:47.54%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">John&nbsp;M.&nbsp;Heffner</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:06.58%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:06.68%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:35.04%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:04.18%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:47.54%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">Executive&nbsp;Vice&nbsp;President&nbsp;and&nbsp;Chief&nbsp;Financial&nbsp;Officer</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:06.58%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:06.68%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:35.04%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:04.18%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:47.54%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">(Principal&nbsp;Financial&nbsp;Officer&nbsp;and</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:06.58%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:06.68%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:35.04%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:04.18%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:47.54%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						<font style="display: inline;color:#000000;">Principal&nbsp;Accounting&nbsp;Officer)</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:06.58%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;;font-size: 11pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt 0pt 8pt;text-align:center;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
			<font style="display: inline;font-weight:bold;">EXHIBIT INDEX</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Times New Roman;line-height:107.92%;font-size: 11pt">
			<font style="display: inline;">&#xFEFF;</font>
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						<font style="display: inline;font-weight:bold;color:#000000;">Exhibit</font><br /><font style="display: inline;font-weight:bold;color:#000000;">Number</font></p>
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						<font style="display: inline;color:#000000;">Press Release</font><font style="display: inline;color:#000000;"> of PriceSmart, Inc. dated </font><font style="display: inline;color:#000000;">March</font><font style="display: inline;color:#000000;"> 7, 201</font><font style="display: inline;color:#000000;">7</font><font style="display: inline;color:#000000;">.</font></p>
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<TYPE>EX-99.1
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<DESCRIPTION>EX-99.1
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			Exhibit 991 February Sales 2017
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		<p style="margin:0pt -1pt 0pt 2pt;line-height:11.25pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;">PriceSmart Announces February Sales;</font>
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		<p style="margin:0pt -1pt 0pt 2pt;line-height:11.25pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;">also announces Earnings Release and Conference Call Dates for </font>
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			<font style="display: inline;font-weight:bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-weight:bold;">Second Quarter </font><font style="display: inline;font-weight:bold;">Fiscal Year 2017 Financial Results</font>
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			<font style="display: inline;font-size:10pt;">San</font><font style="display: inline;font-size:10pt;"> Dieg</font><font style="display: inline;font-size:10pt;">o,</font><font style="display: inline;font-size:10pt;"> &nbsp;C</font><font style="display: inline;font-size:10pt;">A</font><font style="display: inline;font-size:10pt;"> &nbsp;(</font><font style="display: inline;font-size:10pt;">Ma</font><font style="display: inline;font-size:10pt;">r</font><font style="display: inline;font-size:10pt;">ch</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">7, 2017)</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">-</font><font style="display: inline;font-size:10pt;"> Pri</font><font style="display: inline;font-size:10pt;">ce</font><font style="display: inline;font-size:10pt;">Sm</font><font style="display: inline;font-size:10pt;">a</font><font style="display: inline;font-size:10pt;">rt</font><font style="display: inline;font-size:10pt;">,</font><font style="display: inline;font-size:10pt;"> &nbsp;I</font><font style="display: inline;font-size:10pt;">nc.</font><font style="display: inline;font-size:10pt;"> (NA</font><font style="display: inline;font-size:10pt;">S</font><font style="display: inline;font-size:10pt;">DAQ</font><font style="display: inline;font-size:10pt;">:</font><font style="display: inline;font-size:10pt;"> &nbsp;P</font><font style="display: inline;font-size:10pt;">SM</font><font style="display: inline;font-size:10pt;">T</font><font style="display: inline;font-size:10pt;">)</font><font style="display: inline;font-size:10pt;"> &nbsp;t</font><font style="display: inline;font-size:10pt;">od</font><font style="display: inline;font-size:10pt;">a</font><font style="display: inline;font-size:10pt;">y</font><font style="display: inline;font-size:10pt;"> &nbsp;a</font><font style="display: inline;font-size:10pt;">nn</font><font style="display: inline;font-size:10pt;">o</font><font style="display: inline;font-size:10pt;">unced</font><font style="display: inline;font-size:10pt;"> th</font><font style="display: inline;font-size:10pt;">at </font><font style="display: inline;font-size:10pt;">f</font><font style="display: inline;font-size:10pt;">or</font><font style="display: inline;font-size:10pt;"> th</font><font style="display: inline;font-size:10pt;">e &nbsp;</font><font style="display: inline;font-size:10pt;">mo</font><font style="display: inline;font-size:10pt;">n</font><font style="display: inline;font-size:10pt;">t</font><font style="display: inline;font-size:10pt;">h</font><font style="display: inline;font-size:10pt;"> &nbsp;o</font><font style="display: inline;font-size:10pt;">f</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">Feb</font><font style="display: inline;font-size:10pt;">r</font><font style="display: inline;font-size:10pt;">u</font><font style="display: inline;font-size:10pt;">ar</font><font style="display: inline;font-size:10pt;">y</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">2017,</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">net</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">s</font><font style="display: inline;font-size:10pt;">ale</font><font style="display: inline;font-size:10pt;">s</font><font style="display: inline;font-size:10pt;"> &nbsp;i</font><font style="display: inline;font-size:10pt;">nc</font><font style="display: inline;font-size:10pt;">r</font><font style="display: inline;font-size:10pt;">ea</font><font style="display: inline;font-size:10pt;">s</font><font style="display: inline;font-size:10pt;">ed</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">0.5%</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">to $</font><font style="display: inline;font-size:10pt;">214.6</font><font style="display: inline;font-size:10pt;"> million from $213.5 million in February a year earlier. </font><font style="display: inline;font-size:10pt;">February had 28 days in the current year compared to 29 days in 2016.&nbsp; </font><font style="display: inline;font-size:10pt;">For the six months ended February 28, 2017, net sales increased </font><font style="display: inline;font-size:10pt;">2.7</font><font style="display: inline;font-size:10pt;">% to</font><font style="display: inline;font-size:10pt;"> $1,488.4</font><font style="display: inline;font-size:10pt;"> million from $</font><font style="display: inline;font-size:10pt;">1,</font><font style="display: inline;font-size:10pt;">449.8</font><font style="display: inline;font-size:10pt;"> million in the same period last year. There were 39 warehouse clubs in operation at the end of February 2017 compared to 38 warehouse clubs in operation in February 2016.</font>
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			<font style="display: inline;font-size:10pt;">For the five weeks ended </font><font style="display: inline;font-size:10pt;">March 5</font><font style="display: inline;font-size:10pt;">, 2017, comparable warehouse sales for the 38 warehouse clubs open at least 13 1/2 full months </font><font style="display: inline;font-size:10pt;">increased 2.6%</font><font style="display: inline;font-size:10pt;"> compared to the same five-week period last year. For the twenty-six-week period ended </font><font style="display: inline;font-size:10pt;">March 5</font><font style="display: inline;font-size:10pt;">, 2017, comparable warehouse sales increased </font><font style="display: inline;font-size:10pt;">1.1</font><font style="display: inline;font-size:10pt;">% compared to the comparable twenty-six-week period a year ago.</font>
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			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
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style="display: inline;font-size:10pt;">al</font><font style="display: inline;font-size:10pt;"> &nbsp;y</font><font style="display: inline;font-size:10pt;">e</font><font style="display: inline;font-size:10pt;">a</font><font style="display: inline;font-size:10pt;">r</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">20</font><font style="display: inline;font-size:10pt;">17 fi</font><font style="display: inline;font-size:10pt;">n</font><font style="display: inline;font-size:10pt;">a</font><font style="display: inline;font-size:10pt;">nc</font><font style="display: inline;font-size:10pt;">ia</font><font style="display: inline;font-size:10pt;">l</font><font style="display: inline;font-size:10pt;"> result</font><font style="display: inline;font-size:10pt;">s</font><font style="display: inline;font-size:10pt;"> &nbsp;o</font><font style="display: inline;font-size:10pt;">n</font><font style="display: inline;font-size:10pt;"> 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