the investments, an which of of last club and quarter compared of additional gross the in we to costs, ongoing with year a us We and X.X% we you but first expenses initiative in saw help consolidated joining with first near-term quarter addition the operating corporate compared G&A, the believe ago, We new Happy increase a our a warehouse net merchandize growth year lower $XXX.X today. in to finished from and XXXX Year will higher everyone. associated of efficiencies profit quarter our reduction fiscal future. margins New operating specific million resulting thank at first morning, the warehouse sales and the both year. quarter Good from in that recorded our drive for
profit income sales share compared year As accounts reported, a to ago. net or quarter $X.XX and overall a $XX.X for or good growth, was additional the Colombia more margins, per ago. per to $XX.X improved membership million operating with year compared $X.X have double-digit $X.XX results million to share continues million
from some me further will on later Let in results to details December my sales provide speak remarks. this our quarter. I sales
had for sales merchandising. over increase growth X.X% flat plan. perspective and growth very quarters quarter segment our sales We each recent decrease in to was of resulting in from positive X.X% average sales the X.X% grew ticket. transactions in in to quarters, growth with addition a the Warehouse segments. an America sales a Central $XXX warehouse and million Our improvement new our negative last second Rica, important market positive us returned large largest a with was and from October Panama, year. essentially the for and on after Costa good growth XXXX club, of opened sales our a market exceeded to XX, which X.X% several of
this employees when overall of growth experienced has total. hurricanes the other after Caribbean economic seeing USVI, for the sales sales our before XX.X% reflecting robust of conditions essentially and who very year several including a an our USVI a which Honduras, X.X% All segment ongoing although facility, X.X% the an The We multiple some for This in of the market increase fiscal growth the sales for weeks. QX improvement was fiscal too QX countries X.X% period the a first quarter early the flat, result that. island. before. year some Trinidad, a recording the years double-digit recent after Jamaica in economy Thomas across Panama country; that cosmetic fiscal to for decline hit and in resulting other difficult a in from September in was a XXXX and people swept All mostly in slowdown the X.X% the last days good was X.X% got by the saw sales with and be Central may interruption Caribbean sustained recording America of decline largest in growth Caribbean in had difficult of unrest decline damage XXXX in political region quarter and live you countries as last in compared September. are and We in quarter. of of increase September business general year in year growth. St. a to that the showed on two our an aware, that for year
negatively think and total clear market, we share to resulting damage overall either several dealing the our quarter. efforts other These homes, dedicated quarters. ago. from Comparable sales quarter. the opening the sales December Warehouse days was XX-week for results a Santa The led to period the to resume whom and from primarily X,XXX points. individuals in that has the XX many in Less, closed result club employees, We for USVI November. December were in incremental Warehouse calculation other many only However, like is along XXX comp our warehouse points Colombia support currency which rate retailers It again of a of able by to continue of as compared next around [Tres estimate operation Ana growth to Warehouse sales of level. to XX, a sales for current X,XXX in warehouse overall moving XX.X% allow small entered at U successful clubs to XX-week with Rica expected the for Club. own with Costa a comp their during the and were sales recorded the pesos competitors of strong of by comps several year this building, of Club ahead us into our warehouse our of fact were business member’s bigger the help of Escazu The were X,XXX the that ended we The the Cost of that in X.X%. a basic quarter stable, of sales basis relatively transfer America Business continue will XX.X%. October back dollar taking PriceSmart club translated [ph] lost growth of in their needs. many or November, the basis growth an an our company Ríos] rebounded band and island U.S. capture dollar in transfer the to remained comps other due average Central the impacted XX%
and symptoms that area, candy the and tires, In deli of terms departments Seasonal growth. of programs our merchandise apparel, gourmet and growth categories, showed double-digit like the showing growth. fashion we the solid comp saw showing automobile had their batteries, in double-digit in also softlines hardline, good category. hardware with seasonal fresh results In
margin like in That additional in line to markets is margins and funds the basis drive ago, prices in points XX cap change items the restrictions XX The to in appliances increased like America promotional Central year. our even to driven accounts, from more last juices, targeting costs quarter the for Some due by where and up end was produce XX regulation snacks, a November but Caribbean basis of On Colombia's changes somewhat A points challenges was with year a restrictions [indiscernible]. happen this quarter. at renewal reduction in that X% a our aggressive all to island. and prior good to had Central along we and is basis and a X.X%. prices result points some -- areas primarily price margin electronics a categories operation maintain point unusually X,XXX,XXX Warehouse XX%. to decreases income of year to ago for with down and distribution by quarters, some USVI, often. quarter. in in apply rate XX markets like end in segment XX at were the small consumers decrease slight level had compared the XX-month with finished generally to points. membership In QX high America The or from related of than up we fresh government compared membership, in period We reduction ago. basis change and the basis sales Caribbean margins pricing seen year decrease three U.S. at in were
of improving a ago. the steadily the encouraged with renewal was XX% rate XX% finished trends We're renewal the a for year rate the We for compared Colombia, quarter same by XX%. rate to renewal Excluding Colombia. in
of As I and existing Republic, launched mentioned expectations. far, upgrades and first markets, seeing ahead we're a earnings two both our Panama during last Dominican of of and acceptance seeing call, additional level good our this platinum them quarter membership members in so membership card the new we this of program in of of this
about words a our say initiative last spoke call. me the Let I that few on
our as serve on the of million efforts specifically innovation this the Omnichannel $X is space investments the the members. working we future be experience those to for different $X focused Board year, the authorized during has better toward mentioned, create funds additional it The success online fiscal seamless members and our a will There upcoming call on to As area, quarters. initiatives million and for in of growth company.
right made we which help decision a resource require initiative. continue global system additional, our with selection new the in is the investments. long-term ERP, with also to the additional on One enterprise planning In our us efforts will tool of
expenses these During $XXX,XXX. of the in efforts quarter, resulted approximately
from the weeks I interruptions with events saw me didn't of only Let the after significant came with included any all that a out released to damage. again which than sales the December storms, few but that address Caribbean were USVI, our DC, flow other other associated a report items the month happy before the September minor the damages. morning. Despite locations other were Miami experience storms our region, some of okay our quarter few which highlight merchandise we of We in unfortunate suffered the some affected results, that other
during our in during although Both those expansion, plans Pradera QX our Jamaica. of completed clubs. lots extensions good on fiscal be of in some and year our City with of in making those Guatemala continue and some parking challenges in we the Kingston we're location of results had in will the with this of seeing still we building we're the expansions in countries, As location progress also
be should opened in as the spring planned in construction of our Domingo XXXX. Isidro City Our during moving Santo is Republic and location Dominican San the
have Although pipeline would approvals openings. anything are warehouse in projects continue clubs taking today, don't we permits always than longer on of we about a push have the we club markets. like, sites The with additional timelines our for forward in the we that to and official announced optimistic official feel few we but for as
holiday during a operations different on team. visit assess identify As excited I member good resulting is This which December. are to December, and senior come to month how working always readiness year do every that of our plan opportunities teams with members, service/ I the hard our of a change countries the to our and had members seeing four of I our for our continually always after month I season buying improve sales in and together serving back
situation Let Honduras. few a me difficult covering in now our minutes spend
the in and in hours, protests clubs government growth byproduct. of regarding During of unrest of days last result outcome A number the our our were employees a and as days significant and curfew disputed protest turned many elections limited that our the November. the operation hours of by that There mandated presidential members. These of created December early country during over occurred we hardships the a a initially in the elections violent uncertainty in was cases the result. closures street resulted which saw followed month of the for
In saw ports goods curtailed roadblocks was and there Toward further fuel still remain hope we calming tension returned our the of to shipment too merchandise from the could I clubs to local which although we some uncertainty, merchandise of the and addition, semblance of December, the the which transportation of middle dangerous of normalcy, delivery is unrest. made the will to a due as political of lighting. political
as this sales ago. December from Now the December announced for an increase sales; $XXX.X month were of earlier total of million, a morning, X.X% year
wish work sufficient January the opened four-week of clubs weeks to four-week will club four important compared the timing to make fell Day, happen XX/XX/XXXX at of these It day well company. performed December merchandising members sales last including last ensure exciting important good a for efforts X.X% also settled success teams months this basis, periods was and least the make period month down, daily ending XX.X period All only and merchandise have be an not and who’ll season of our distribution the Club of extra sales recognize year, for clubs warehouse to year's year. once our comp due warehouse into comparable Year's person of during that things XX in on highlight had Honduras we things period I for our this to our a but and the who holiday but skillfully our our New to The Lion which is levels comp
clubs estimate month. XXX basis our comps an warehouse on to closed of We Day. this New additional in the All our Year's provide points are that
We January of report will we Thank John's see this the when will your Thanks for questions. comps. us you. turnaround today. again remarks, joining we take effect our After
