West Marine, Inc. (WMAR) Tops Q1 EPS by 2c
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West Marine Reports Improved First Quarter 2015 Results
April 30, 2015 6:30 AM EDTWATSONVILLE, Calif., April 30, 2015 (GLOBE NEWSWIRE) -- West Marine, Inc. (Nasdaq: WMAR) today reported financial results for the first quarter ended April 4, 2015.
Net revenues increased by 12.1% over last year to $127.1 million. Comparable store sales increased by 13.3%. Approximately 6% of this increase was attributable to the calendar shift in fiscal 2014 from a 53 week fiscal year to a 52 week fiscal year in fiscal 2015, which has a meaningful impact on the company's seasonal business. Pre-tax loss was $18.1 million, compared to a pre-tax loss of $19.2 million last year. Earnings before interest, taxes, depreciation and... MoreWest Marine Reports Improved First Quarter 2015 Results
April 30, 2015 6:30 AM EDTWATSONVILLE, Calif., April 30, 2015 (GLOBE NEWSWIRE) -- West Marine, Inc. (Nasdaq: WMAR) today reported financial results for the first quarter ended April 4, 2015.
Net revenues increased by 12.1% over last year to $127.1 million. Comparable store sales increased by 13.3%. Approximately 6% of this increase was attributable to the calendar shift in fiscal 2014 from a 53 week fiscal year to a 52 week fiscal year in fiscal 2015, which has a meaningful impact on the company's seasonal business. Pre-tax loss was $18.1 million, compared to a pre-tax loss of $19.2 million last year. Earnings before interest, taxes, depreciation and... More