Tag Archives: West Marine

West Marine announces recipients of Spring 2017 BlueFuture Grants

After receiving a record number of applications in its spring 2017 grant cycle, West Marine has announced the names of 25 nonprofit organizations that will receive $1,500 grant awards. This summer, the company will present grant checks to the winners, all community-based organizations that are dedicated to getting young people on and around the water in recreational and educational capacities. ...

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West Marine to host BlueFuture Program fundraiser

To commemorate National Safe Boating Week later this month, West Marine has announced that it will host a 12-day, safety-inspired fundraiser in its stores across North America and on westmarine.com. From May 18 to 29, the manufacturers of West Marine life jackets will donate $2 for every West Marine-brand life jacket purchased (up to $35,000) to West Marine¹s nonprofit BlueFuture ...

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West Marine revenue down in Q1 2017

West Marine, Inc. Wednesday reported financial results for the first quarter ended April 1, 2017. First quarter 2017 net revenues were $129.1 million, a decrease of 1.0 percent compared to the same period last year. Comparable store sales were flat. Pre-tax loss was $12.1 million, compared to pre-tax loss of $15.2 million last year in the same period. Loss per ...

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West Marine sets webcast, conference call for 2017 Q1 results

West Marine, Inc. will report its first quarter 2017 financial results at 4 p.m. Eastern Time April 26, and will host a conference call later that same day at 4:30 p.m. Eastern Time. The conference call will be simultaneously webcast live over the Internet at www.westmarine.com on the “Investor Relations” page. The call is available by dialing (888) 756-1546 in ...

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West Marine opens BlueFuture spring grant cycle

On Apr. 1, West Marine will begin accepting applications for its 2017 BlueFuture grants. The spring grant cycle will run through May 1, with the names of grant recipients to be announced by mid-month. Encouraged to apply are nonprofit, community-based organizations that teach sailing, powerboating, fishing, paddling or surfing; provide boatbuilding instruction; foster aquatic sustainability and conservation practices; and encourage ...

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West Marine reports 44 percent net income increase in Fiscal Year 2016

West Marine, Inc. (NASDAQ:WMAR) reported financial results for the fourth quarter and fiscal year ended Dec. 31, 2016 (“fiscal 2016”). Net income and earnings per diluted share were $6.5 million and $0.26, respectively, compared to net income and earnings per diluted share of $4.5 million and $0.18, respectively, last year, representing a 44.6 percent increase in net income. Net revenues for fiscal 2016 were $703.4 million, a decrease of 0.2 ...

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West Marine announces Q4 and fiscal year 2016 webcast and conference call

West Marine, Inc. (NASDAQ:WMAR) will report its fourth quarter and fiscal year 2016 financial results and 2017 earnings outlook at 4 p.m. Eastern Time on Thursday, Feb.23, and will host a conference call later that same day at 4:30 p.m. Eastern Time. The conference call will be simultaneously webcast live over the internet at www.westmarine.com on the “Investor Relations” page. Please allow extra time prior to the ...

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