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Owns and operates U.S.-style membership shopping warehouse clubs through majority or wholly owned ventures operating in Central America and the Caribbean using the trade name 'PriceSmart.'
I live in Costa Rica and understand what Pricesmart is to the latino market. EVERY day, literally EVERY DAY, there is a line out the door to open, the parking lots stay full ALL DAY LONG until closing. Not to mention that personally it is one of the only places I can buy things and not feel like I am paying through my nose in VAT, which is common in Latin America. The business model is sound, the leadership is who made the business model to begin with (Price, et al), and there are plenty of green field growth opportunities on this one. Just compare their fundamentals to industry averages...it's all there.
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