West Marine, Inc. (WMAR) Tops Q2 EPS by 8405c
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West Marine Reports Double-Digit Earnings Growth for the Second Quarter 2015
July 30, 2015 6:30 AM EDTWATSONVILLE, Calif., July 30, 2015 (GLOBE NEWSWIRE) -- West Marine, Inc. (Nasdaq: WMAR) today reported improved financial results for the second quarter ended July 4, 2015.
Net revenues were $253.2 million, an increase of 7.1% compared to last year. Comparable store sales increased by 7.0%. The retail calendar shift impact on comparable store sales was approximately 4%. Pre-tax income was $37.1 million, compared to pre-tax income of $32.4 million last year. Earnings before interest, taxes, depreciation and amortization ("EBITDA") for the second quarter was $42.3 million, compared to EBITDA of $37.1 million for the same period last year.... More