Investing in PriceSmart (NASDAQ:PSMT) Three Years Ago Would Have Delivered You a 37% Gain
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Getting In Cheap On PriceSmart, Inc. (NASDAQ:PSMT) Is Unlikely
PriceSmart Announces Earnings Release and Conference Call Details for the First Quarter of Fiscal 2025
AI shopping assistants have contributed to usa's "Cyber Monday" sales surpassing 13 billion dollars, a year-on-year increase of 7.3%.
According to a report by adobe, usa consumers reached an online spending of 13.3 billion dollars this year on "Cyber Monday", which is a 7.3% increase compared to Cyber Monday in 2023, surpassing the 10.8 billion dollars spent online on Black Friday. Caila Schwartz, director of consumer research at Salesforce, stated that generative ai tools can answer basic product queries from online shoppers, helping retailers protect their profit margins despite rising costs.
Promotions Drive Black Friday Weekend Gains, Retailers Stay Upbeat on Season
