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WATSONVILLE, Calif. – First quarter net sales at boating supplies retailer West Marine, Inc. (Nasdaq:WMAR) were up 5.8 percent, while same store sales were up 4.8 percent, the company reported in a recent statement.
“We are pleased with initial customer reactions to our merchandise assortment changes and store service improvements. While still early, we are making visible progress with our targeted initiatives,” said Peter Harris, West Marine CEO. “First quarter comparable store sales benefited from weak comparisons to cold, wet weather last year in the Northeast and Great Lakes, while unusually heavy rainfall negatively affected first quarter results of our west coast locations.”
Net sales for the thirteen weeks ended April 1, 2006 were $132.7 million, compared to $125.3 million a year ago.
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