SAN DIEGO, CA--(Marketwired - Sep 10, 2014) - PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of August 2014 net sales increased 7.3% to $206.7 million, from $192.6 million in August a year earlier. For the twelve months ended August 31, 2014, net sales increased 9.2% to $2,444.3 million from $2,239.3 million for the twelve months ended August 31, 2013. There were 33 warehouse clubs in operation at the end of August 2014 and 31 warehouse clubs in operation at the end of August 2013.

For the five weeks ended August 31, 2014, comparable warehouse sales for the 31 warehouse clubs open at least 13 1/2 full months increased 2.3%, compared to the same five-week period last year. For the fifty-two week period ended August 31, 2014, comparable warehouse sales increased 4.8%, compared to the same fifty-two week period a year ago.

PriceSmart also announced the planned opening dates for the three warehouse clubs currently under construction in Colombia. The Bogota warehouse club is planned to open on October 29, 2014; the Pereira warehouse club is planned to open on November 13, 2014; and the Medellin warehouse club is planned to open on November 26, 2014.

PriceSmart plans to release fourth quarter fiscal year 2014 financial results on Tuesday, October 28, 2014, after the market closes. PriceSmart management will host a conference call at 12:00 p.m. Eastern time (9:00a.m. Pacific time) on Wednesday, October 29, 2014, to discuss the financial results. Individuals interested in participating in the conference call may do so by dialing (877) 627-6590 toll free, or (719) 325-4865 for international callers and entering participant code 9101656. A digital replay will be available through November 30, 2014, following the conclusion of the call by dialing (888) 203-1112 for domestic callers, or (719) 457-0820 for international callers, and entering replay passcode 9101656.

About PriceSmartPriceSmart, headquartered in San Diego, owns and operates U.S.-style membership shopping warehouse clubs in Latin America and the Caribbean, selling high quality merchandise at low prices to PriceSmart members. PriceSmart now operates 33 warehouse clubs in 12 countries and one U.S. territory (six in Costa Rica; four each in Panama and Trinidad; three each in Guatemala, the Dominican Republic, Honduras and Colombia; two in El Salvador; and one each in Aruba, Barbados, Jamaica, Nicaragua and the United States Virgin Islands).

This press release may contain forward-looking statements concerning the Company's anticipated future revenues and earnings, adequacy of future cash flow and related matters. These forward-looking statements include, but are not limited to, statements containing the words expect, believe, will, may, should, project, estimate, anticipated, scheduled, and like expressions, and the negative thereof. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including the following risks: the Company's financial performance is dependent on international operations, which exposes the Company to various risks; any failure by the Company to manage its widely dispersed operations could adversely affect its business; the Company faces significant competition; future sales growth depends, in part, on the Company's ability to successfully open new warehouse clubs; the Company might not identify in a timely manner or effectively respond to changes in consumer trends and changes in consumer preferences for merchandise and shopping modalities, which could adversely affect its relationship with members, demand for its products and market share; the Company faces difficulties in the shipment of, and risks inherent in the importation of, merchandise to its warehouse clubs; the Company is exposed to weather and other natural disaster risks; general economic conditions could adversely impact the Company's business in various respects; the Company is subject to changes in relationships and agreements with third parties with which the Company does business and/or from which the Company acquires merchandise; the Company relies extensively on computer systems to process transactions, summarize results and manage its business and a failure to adequately maintain the Company's systems and disruptions in its systems could harm its business and adversely affect its results of operations; the Company could be subject to additional tax liabilities; a few of the Company's stockholders own approximately 28.1% of the Company's voting stock, which may make it difficult to complete some corporate transactions without their support and may impede a change in control; the loss of key personnel could harm the Company's business; the Company is subject to volatility in foreign currency exchange rates; the Company faces the risk of exposure to product liability claims, a product recall and adverse publicity; potential future impairments of long lived assets could adversely affect the Company's future results of operations and financial position; write-offs of goodwill and other intangible assets could adversely affect the Company's future results of operations and financial position; the Company faces increased public company compliance risks and compliance risks related to the Company's international operations; the Company faces increased compliance risks associated with compliance with Section 404 of the Sarbanes-Oxley Act of 2002; if remediation costs or hazardous substance contamination levels at certain properties for which the Company maintains financial responsibility exceed management's current expectations, the Company's financial condition and results of operations could be adversely impacted. The risks described above as well as the other risks detailed in the Company's U.S. Securities and Exchange Commission (SEC) reports, including the Company's Annual Report on Form 10-K filed for the fiscal year ended August 31, 2013 filed on October 30, 2013 pursuant to the Securities Exchange Act of 1934. We assume no obligation and expressly disclaim any duty to update any forward-looking statement to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events.

For further information, please contact John M. HeffnerPrincipal Financial Officer and Principal Accounting Officer(858) 404-8826

Following is a list of nominees in leading categories.

- BEST PICTURE "Zero Dark Thirty" "Django Unchained" "Argo" "Les Miserables" "Amour" "Life of Pi" "Beasts of the Southern Wild" "Silver Linings Playbook" "Lincoln"

- BEST ACTOR Daniel Day-Lewis, "Lincoln" Denzel Washington, "Flight" Hugh Jackman, "Les Miserables" Bradley Cooper, "Silver Linings Playbook" Joaquin Phoenix, "The Master"

- BEST ACTRESS Emmanuelle Riva, "Amour" Jessica Chastain, "Zero Dark Thirty" Naomi Watts, "The Impossible" Quvenzhane Wallis, "Beasts of the Southern Wild" Jennifer Lawrence, "Silver Linings Playbook"

- BEST DIRECTOR Steven Spielberg, "Lincoln" Michael Haneke, "Amour" David O. Russell, "Silver Linings Playbook" Ang Lee, "Life of Pi" Benh Zeitlin, "Beasts of the Southern Wild"

- BEST SUPPORTING ACTOR Alan Arkin, "Argo" Robert De Niro, "Silver Linings Playbook" Philip Seymour Hoffman, "The Master" Tommy Lee Jones, "Lincoln" Christoph Waltz, "Django Unchained"

- BEST SUPPORTING ACTRESS Amy Adams, "The Master" Sally Field, "Lincoln" Anne Hathaway, "Les Miserables" Helen Hunt, "The Sessions" Jacki Weaver, "Silver Linings Playbook"

- BEST ADAPTED SCREENPLAY Chris Terrio, "Argo" Lucy Alibar and Benh Zeitlin, "Beasts of the Southern Wild" David Magee, "Life of Pi" Tony Kushner, "Lincoln" David O. Russell, "Silver Linings Playbook"

- BEST ORIGINAL SCREENPLAY Michael Haneke, "Amour" Quentin Tarantino, "Django Unchained" John Gatins, "Flight" Wes Anderson and Roman Coppola, "Moonrise Kingdom" Mark Boal, "Zero Dark Thirty"

- BEST FOREIGN LANGUAGE FILM "Amour" Austria "Kon-Tiki" Norway "No" Chile "A Royal Affair" Denmark "War Witch" Canada

- BEST ANIMATED FEATURE FILM "Brave" "Frankenweenie" "ParaNorman" "The Pirates! Band of Misfits" "Wreck-It Ralph"

- BEST DOCUMENTARY FEATURE "5 Broken Cameras" "The Gatekeepers" "How to Survive a Plague" "The Invisible War" "Searching for Sugar Man"

- BEST ORIGINAL SONG "Before My Time" from "Chasing Ice" "Everybody Needs A Best Friend" from "Ted" "Pi's Lullaby" from "Life of Pi" "Skyfall" from "Skyfall" "Suddenly" from "Les Miserables"

- BEST SCORE "Anna Karenina" "Argo" "Life of Pi" "Lincoln" "Skyfall"

- BEST COSTUMES "Anna Karenina" "Les Miserables" "Lincoln" "Mirror Mirror" "Snow White and the Huntsman"

- BEST CINEMATOGRAPHY "Anna Karenina" "Django Unchained" "Life of Pi" "Lincoln" "Skyfall"

- BEST MAKEUP AND HAIRSTYLING "Hitchcock" "The Hobbit: An Unexpected Journey" "Les Miserables"

- BEST VISUAL EFFECTS "The Hobbit: An Unexpected Journey" "Life of Pi" "Marvel's The Avengers" "Prometheus" "Snow White and the Huntsman"

(Reporting By Jill Serjeant; Editing by Belinda Goldsmith and Mohammad Zargham)

The firm, owned by private equity groups Apax andPermira as well as founder Tom Singh, said on Tuesday underlyingearnings increased to 200.2 million pounds ($335.5 million) inthe year to March 29, up from 189.2 million pounds in 2012-13.

However, New Look made a pretax loss of 55 million poundsafter booking an impairment charge of 64.2 million pounds towrite down the value of Mim's net assets. In 2012-13 the groupmade a pretax profit of 3.1 million pounds.

New Look, which pulled a planned flotation in 2010 amidturbulent financial markets, said it was exploring strategicoptions for Mim, including divestment options.

The firm said its strategy is to focus on building anddeveloping the core New Look brand in the UK, online andinternationally in four key geographies - China, Poland, Russiaand Germany.

New Look, trading from over 1,100 stores in 24 countries,grew annual sales 3 percent to 1.53 billion pounds, with salesat stores open over a year up 2.2 percent and e-commerce salesjumping 63.9 percent.

"I am confident that New Look is going into the newfinancial year in a good position to meet the challenges thatlie ahead," said Chief Executive Anders Kristiansen.($1 = 0.5968 British Pounds) (Reporting by James Davey; editing by Kate Holton)

NASSAU, The Bahamas, Sept. 4, 2012 (GLOBE NEWSWIRE) -- Steiner Leisure Limited (Nasdaq:STNR) today announced that it has entered into an amendment to extend the term of its agreement with Silversea Cruises Ltd., through December 31, 2015.

Steiner will continue its exclusive operation of hair salons, beauty, massage, fitness and spa facilities and provision of related signature services on board Silversea's ultra-luxury vessels.

Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said, "It is our distinct pleasure to announce this extension of our agreement with Silversea. We look forward to continuing to enhance the vacation experiences of Silversea's discerning international guests with our luxurious spa facilities, indulgent and effective services and products, as well as an ever-evolving range of innovative, unique and personalized wellness offerings."

Steiner Leisure Limited is a worldwide provider and innovator in the fields of beauty, wellness and education. We are dedicated to maintaining the highest quality standards and continually evolving to include and anticipate new developments within our industry. We aim to maintain and expand our existing diverse portfolio of services, products and brands, as well as to seek out new opportunities to complement our business.

Our services include traditional and alternative massage, body and skin treatment options, fitness, acupuncture, herbal medicine, medi-spa treatments and laser hair removal. We are committed to providing our customers with a wide-ranging assortment of beauty products, including premium quality options developed by us under our own brands, as well as those purchased from third parties.

Our distribution channels include our shipboard and land-based spas and salons, destination spas, health clubs, department stores and third party retail outlets and distributors. We also sell our products on certain British Airways flights, on QVC, by catalog, and online through our websites, including www.timetospa.com and www.blissworld.com.

Our post secondary schools offer programs in massage therapy and skin care, among others, and, along with our recruiting and training operations, prepare spa professionals for careers in the health and wellness industry, including within the Steiner family of companies.

Our cruise line operations are conducted in spas onboard 156 ships, including Azamara Club Cruises, Carnival Cruise Lines, Celebrity Cruises, Crystal Cruises, Cunard Cruise Line, Holland America Line, Norwegian Cruise Line, P&O Cruises, Princess Cruises, Royal Caribbean Cruises, Seabourn Cruise Lines, Silversea Cruises, Thomson Cruises and Windstar Cruises.

Our land-based spa operations are carried out under our Elemis®, Mandara®, Chavana®, Bliss® and Remede® brands and take place in 68 locations, including resort spas, urban hotel spas and day spas. In addition, a total of 28 resort and hotel spas are operated under our brands by third parties pursuant to license agreements with the company. Our land-based customers include Caesar's Entertainment, Hilton Hotels, InterContinental Hotels and Resorts, Kerzner International, Loews Hotels, Marriott Hotels, Nikko Hotels, Planet Hollywood, Sofitel Luxury Hotels, St. Regis Hotels, W Hotels and Resorts and Westin Hotels and Resorts.

Our Ideal Image customized laser hair removal services are provided by highly trained, experienced practitioners through a nationwide network of 72 treatment centers (17 of which are operated by franchisees) across 28 states.

We develop and sell a variety of high quality beauty products under our Elemis, La Thérapie™, Bliss, Remede, Laboratoire Remede® and Jou® brands.

Our schools operations consist of 12 post secondary schools (comprised of a total of 31 campuses) located in Phoenix, Scottsdale, Tempe and Tucson, Arizona; Westminster and Aurora, Colorado; Groton, Newington and Westport, Connecticut; Miami, Orlando, Pompano Beach, Sarasota and Tampa/St. Pete, Florida; Chicago, Crystal Lake and Woodridge, Illinois; Baltimore, Maryland; Boston, Massachusetts; Las Vegas, Nevada; Hoboken and Wall, New Jersey; King of Prussia and York, Pennsylvania; Dallas and Houston, Texas; Salt Lake City and Lindon, Utah; Charlottesville, Virginia; and Federal Way and Seattle, Washington. Offering programs in massage therapy and, in some cases, skin care, these schools train and qualify spa professionals for health and beauty positions within the industry, including our own operations.

As part of our employee recruitment operations for our shipboard spas, we provide education to our shipboard employees through our rigorous training programs, at our primary training facilities near London, England or one of our satellite training centers in South Africa and the Philippines. These employees are sourced primarily from the British Isles, Australia, South Africa, Southeast Asia, Canada, the Caribbean and continental Europe.