PRICESMART INC.

CEO: Jose Luis Laparte.

Revenue: $1.7 billion in fiscal 2011; $1.4 billion in fiscal 2010.

Net income: $61.7 million in fiscal 2011; $49.3 million in fiscal 2010.

No. of local employees: 120.

Headquarters: Sorrento Mesa.

Year founded: 1993.

Stock symbol and exchange: PSMT on Nasdaq.

Company description: Operator of 29 warehouse club stores in 12 countries and one U.S. territory.

Key factors for success: Experienced management; a growing middle class.

For a company whose annual sales and net profits increased 22 percent and 25 percent respectively, and has seen its stock go through the roof, you’d think the chairman would be in an upbeat mood...

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