WMAR Dec Comps Up 3.9%; Warns for Fy05

West Marine, Inc. (Nasdaq: WMAR) said comparable store sales for the fourth quarter of 2005 increased 3.9%. Said aggressive advertising and sales promotions produced higher than expected fourth quarter sales, although at much lower than expected margins, primarily due to deep promotional pricing and a greater proportion of sales from lower margin electronics. As a result, the company now expect earnings for fiscal year 2005 to range from $0.20 to $0.25 per share, versus the consensus of $0.35

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