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 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 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.
West Marine will open a new 13,000-square-foot store in Mystic, Conn., on Friday across the street from Mystic Aquarium.
West Marine today reported higher third-quarter revenue, but lower profits and said comparable-store sales rose less than 1 percent.
West Marine said the grand opening of its new store in Mystic, Conn., will begin at 8 a.m. on Nov. 14 and continue through Nov. 16.
West Marine announced the winners of its annual Very Important Vendor Awards at the Company’s Watsonville (Calif.) Support Center.
West Marine said its next New Product Review Day will be held Sept. 26 at the retailer’s Watsonville, Calif.-based support center at 500 Westridge Drive.
Revenue at West Marine dropped slightly, compared with last year, to $236.5 million, and comparable-store sales decreased by 0.7 percent in the second quarter, prompting the company to lower its 2014 guidance.