Tag Archives: West Marine

Port Supply becomes West Marine Pro

West Marine has changed the name of its professional customer business from Port Supply to West Marine Pro. The announcement was made Tuesday, on the opening day of the International Boatbuilders’ Exhibition & Conference (IBEX), taking place Oct. 4-6 at the Tampa Convention Center in Tampa. Port Supply has been the professional brand of West Marine since 1978. The West ...

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West Marine’s BlueFuture fall grant cycle ends Oct. 1

Less than two weeks remain in West Marine’s BlueFuture Fund fall grant cycle. West Marine is accepting online applications through the end of the day on Saturday, Oct. 1 and will announce the names of the fall BlueFuture grant award winners in early November. Encouraged to apply for a BlueFuture grant are nonprofit, youth-focused, community-based organizations that teach sailing, powerboating, ...

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West Marine updates 2016 guidance

West Marine, Inc. (NASDAQ:WMAR) today announced updated expectations for 2016.  The company now expects GAAP pre-tax profits to be in the range of $9.0 million to $11.0 million. Full year net revenue is now expected to be flat to down slightly compared with last year with same store sales in the range of flat to up 1 percent. "We continue ...

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West Marine’s BlueFuture fall grant cycle opens Sept. 1

On Thursday, Sept. 1, West Marine begins accepting online applications for its next round of 2016 BlueFuture Fund grants. The fall grant cycle will run through Oct. 1, with the names of grant recipients to be announced in November. Encouraged to apply are nonprofit, youth-focused, community-based organizations that teach sailing, powerboating, fishing or boatbuilding skills; foster aquatic sustainability and conservation ...

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Sales drop slightly for West Marine in Q2

West Marine, Inc. on Thursday reported its financial results for the second quarter ended July 2, 2016. The company reported net revenues of $251.6 million in the quarter, a decrease of 0.6 percent compared to the same period last year. Comparable store sales increased 1.1 percent. Pre-tax income was $36.4 million compared to pre-tax income of $37.1 million last year ...

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West Marine announces second quarter 2016 webcast and conference call

West Marine, Inc. (NASDAQ:WMAR) will report its second quarter 2016 financial results at 4:00 p.m. Eastern Time on Thursday, July 28, 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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West Marine bag design contest raises $3,860 for BlueFuture Fund

West Marine’s first-ever World Oceans Day Bag Design Contest has raised more than $3,800 for the nonprofit BlueFuture Fund. For the contest, the company invited youth ages 5-12 and 13-18 to submit original artwork inspired by the 2016 World Oceans Day theme — Healthy Oceans, Healthy Planet. A panel of West Marine judges selected a winner in each age group, ...

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West Marine raises $30,000 to support BlueFuture Fund

West Marine has announced that it raised $30,000 to support its nonprofit BlueFuture Fund during National Safe Boating Week. During its safety-inspired fundraiser May 21-27, the company donated $5 from each life jacket purchase to the BlueFuture Fund, which supports community-based organizations dedicated to getting young people on and around the water in both recreational and educational capacities. “We hit ...

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Ambassador Marine files for Chapter 11 bankruptcy

According to documents filed in Federal court, Ambassador Marine has filed a petition for chapter 11 protection. The company said the bankruptcy filing will enable Ambassador to maintain normal operations in the ordinary course of business as it addresses a lawsuit filed by West Marine over a disputed bicycle recall. A separate division of Ambassador sourced private label bikes for ...

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West Marine announces spring 2016 BlueFuture grant winners

West Marine has announced the names of the 25 nonprofit organizations that will receive spring 2016 BlueFuture grants. West Marine’s BlueFuture Program will present the $1,500 grants this month to the winners, all of which are community-based organizations that are dedicated to getting young people on and around the water in both recreational and educational capacities. The grants are unrestricted, ...

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