West Marine, Inc. (WMAR) Tops Q4 EPS by 2c
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West Marine Reports Fiscal 2015 Earnings Per Share of $0.18, More Than Doubled Prior Year
February 25, 2016 4:00 PM ESTWATSONVILLE, Calif., Feb. 25, 2016 (GLOBE NEWSWIRE) -- West Marine, Inc. (NASDAQ: WMAR) today reported financial results for the fourth quarter and fiscal year ended January 2, 2016 (fiscal 2015). Fiscal 2014 was a 53-week year for the company versus a 52-week year for fiscal 2015.
Full Year 2015 Results
Net revenues for fiscal 2015 were $704.8 million, an increase of 4.3% compared to the 53-week period last year, and an increase of 5.4% compared to the first 52 weeks of 2014.Excluding the impact of the 53rd week in fiscal 2014, comparable store sales increased by 6.0% in 2015.GAAP pre-tax income was... More