The company’s performance highlights a steady upward trajectory, with earnings per diluted share rising to $1.28 compared to $1.14 during the same period last year. Net income for the quarter hit $39.7 million, a 12.9% increase. Operating income also saw a notable boost, climbing to $65.6 million from $56.2 million in the prior-year period.
Strategic growth remains a priority for the operator of 57 warehouse clubs. Beyond the planned debut in the Comuna Las Condes neighborhood of Santiago, the firm is deepening its footprint in Costa Rica. It has secured land for an eleventh club in Santo Tomas de Santo Domingo, slated for a spring 2027 opening. CEO David Price noted that the Chilean location, situated within the Mallplaza Los Dominicos shopping center, represents a shift toward a mall-based model that aligns with the company’s long-term membership strategy.
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