San Diego-based PriceSmart Inc. (NASDAQ: PSMT) announced Oct. 6 it had opened its 40th discount warehouse club store.

The new store, in Costa Rica, is the company's seventh on the island.

PriceSmart owns and operates discount warehouse club stores in Central America and the Caribbean.

The company also said that while its store on St. Thomas, one of the United States Virgin Islands, closed for nine days as the result of hurricanes Irma and Maria, which hit the island in September, the outlet was relatively undamaged.