Pricesmart Inc (NAS:PSMT)
$ 94.57 0.36 (0.38%) Market Cap: 2.90 Bil Enterprise Value: 2.92 Bil PE Ratio: 20.65 PB Ratio: 2.58 GF Score: 90/100

PriceSmart Inc Annual Shareholders Meeting Transcript

Feb 04, 2021 / 06:00PM GMT
Release Date Price: $98.71 (+2.68%)
Robert E. Price
PriceSmart, Inc. - Founder & Independent Chairman

Welcome, everyone. My name is Robert Price, Chairman of the Board of PriceSmart. It is my pleasure to welcome you to the 2021 Annual Meeting of the Company's Stockholders. As a result of the public health and travel risks associated with the COVID-19 pandemic, we are hosting our meeting virtually this year. We have stockholders attending via the web portal and the 800 number that we have provided.

I'd like to now formally call to order the annual meeting. The meeting is being held to elect directors, to hold an advisory vote on executive compensation, to approve an amendment to the company's 2013 Equity Incentive Award Plan, to ratify the selection of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending August 31, 2021, and to transact such other business as may properly come before the meeting.

We will -- we first will formally address the 3 proposals that are before this meeting. Upon adjournment of that formal portion of the meeting, I will make a few

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