For the fourth quarter of fiscal 2009, total revenues were $305.1 million, compared to $292 million for the fourth quarter of fiscal 2008.

For October 2009, comparable warehouse sales decreased 0.3%, compared to the same four-week period last year. Net sales increased 4.9% to $104.1 million from $99.3 million in October 2008.

For fiscal 2009, total revenues were $1.3 billion, compared to $1.1 billion for fiscal 2008. Net income was $42.3 million, or $1.45 per diluted share, compared to $38.1 million, or $1.3 per diluted share, for fiscal 2008.

Jose Laparte, PriceSmart's president, said: "Despite the difficult time in the world economies we were able to accomplish positive growth for the quarter and full year in both total sales and sales on a same warehouse club basis.

"During the year we successfully opened our fifth club in Costa Rica and completed the expansion of one club in Nicaragua adding 8,600sqft. Also during the year, the company substantially completed the expansion of our Aruba warehouse club, adding 9,000sqft. This expansion was opened to our members in September 2009."

A service of YellowBrix, Inc.