West Marine, Inc. (WMAR) Tops Q4 EPS by 6c
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West Marine Reports 2014 Results and Provides 2015 Full-Year Outlook
February 26, 2015 6:30 AM ESTWATSONVILLE, Calif., Feb. 26, 2015 (GLOBE NEWSWIRE) -- West Marine, Inc. (Nasdaq: WMAR) today reported unaudited financial results for the fourth quarter and fiscal year ended January 3, 2015. Fiscal 2014 was a 53-week year for the company and both the full year and fourth quarter benefitted from the additional week.
Net revenues for the 53-week period increased 1.9% compared to the 52-week period last year and net revenues for the fourth quarter increased 8.9% compared to the 13-week period in the prior year. Pre-tax income was $4.0 million and earnings before interest, taxes, depreciation and amortization ("EBITDA")... More