Tag Archives: West Marine

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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Sea Hawk Paints adds new distribution partner

Sea Hawk Paints welcomed West Marine as its newest authorized distributor servicing the company’s wholesale customers via West Marine Pro business-to-business division, retail consumers at select West Marine store locations, and DIY customers online. West Marine will provide its customers with Sea Hawk’s comprehensive line-up of premium quality antifouling paint and primer marine coating products. “West Marine is the ideal ...

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West Marine revenue drops for Q3 2016

West Marine, Inc. Tuesday reported financial results for the third quarter ended October 1, 2016. The company reported net revenues of $191.9 million in the quarter, a decrease of 1.3 percent compared to the same period last year. Comparable store sales increased 0.2 percent year-over-year. Pre-tax income was $7.4 million, compared to pre-tax income of $8.6 million last year in ...

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West Marine raises more than $42,000 with Leukemia & Lymphoma Society

West Marine announced the successful collaboration with The Leukemia & Lymphoma Society (LLS) that took place at West Marine store locations across the U.S. and Canada Sep. 1-30. Throughout the month, West Marine encouraged customers to donate to the cause at check-out through its in-store promotion and add their name to a paper sailboat to display in store. During the ...

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West Marine announces October 25 fiscal Q3 2016 webcast and conference call

West Marine, Inc. (NASDAQ:WMAR) will report its third quarter 2016 financial results at 4 p.m. Eastern Time on Tuesday, Oct. 25, 2016, 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 ...

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