In the Caribbean region where we had 13 clubs at quarter end, total net merchandise sales grew 6.8% with comparable net merchandise sales growth of 6%. Our Dominican Republic, Barbados and Jamaica markets led the way in the segment with 22.1%, 8.9% and 6.6% growth respectively. In the DR,...
This contribution was offset by 190 basis point decrease coming from Panama, Costa Rica, and Guatemala. Panama and Guatemala experienced sales transfers from recent club openings in most countries during the quarter and the devaluation in the Costa Rican colon resulted in sales decreases in that cou...