West Marine today reported a 12.1 percent increase in first-quarter revenue, to $127.1 million, from the same quarter last year and a 13.3 percent hike in comparable-store sales.
West Marine is the largest specialty retailer of boating supplies and accessories, with nearly 300 company-operated stores in 38 states, Puerto Rico and Canada and five franchised stores in Turkey.
West Marine announced its 2015 “Deck Out Dad” promotion, which runs from May 11 to June 19, with the winner announced the week after Father’s Day.
West Marine is opening a flagship store in Chicago and grand-opening events will begin April 23 and continue through April 26.
West Marine will celebrate the grand opening of its Mystic, Conn., store from Friday through Sunday, including a ribbon cutting at 8 a.m. Saturday that will feature penguins from Mystic Aquarium.
West Marine announced a “Do It Yourselfie!” social media contest that will run through March 27.
West Marine said it will hold a New Product Review Day on March 20.
West Marine saw a 1.9 percent increase in net revenue in fiscal 2014 and net fourth-quarter revenue rose 8.9 percent compared with the quarter in the prior year.
West Marine announced the launch of a new PortSupply.com.
West Marine announced the recipients of the company’s annual marine conservation grants, which are awarded to organizations working to improve and protect marine habitat.
Marine retailer West Marine will close 10 stores in Canada during the next few years, ending its presence in the country.