West Marine, Inc. (WMAR) Tops Q3 EPS by 2c; Lowers Top End of FY15 EPS
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West Marine Reports Double-Digit Earnings Growth Year-to-Date and Updates Fiscal Year Earnings Guidance
October 29, 2015 6:30 AM EDTWATSONVILLE, Calif., Oct. 29, 2015 (GLOBE NEWSWIRE) -- West Marine, Inc. (Nasdaq: WMAR) today reported financial results for the first nine months of fiscal 2015 and for the third quarter ended October 3, 2015.
2015 Year-to-Date Results
Net revenues for the first nine months of fiscal 2015 were $574.6 million, an increase of 5.2% compared to last year.Adjusted comparable store sales increased by 4.9%.Pre-tax income was $27.6 million, an increase of 20.1% compared to pre-tax income of $23.0 million last year.Earnings before interest, taxes, depreciation and amortization (EBITDA) year-to-date were $43.1 million, compared to EBITDA of... More