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Last $10.28 USD
Change Today +0.18 / 1.78%
Volume 46.6K
WMAR On Other Exchanges
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

west marine inc (WMAR) Key Developments

West Marine, Inc. Opens New Store in Mystic, Connecticut

West Marine Inc. has opened a new store in Mystic, Connecticut.

West Marine Announces Opening of its New Store in Chicago, Il

West Marine announced the opening of its new store in Chicago, IL. At 20,000 square feet, the Halsted Street location will be the large West Marine store in the Midwest. Nearly three times the size of the old North Avenue location, it will serve the needs of everyone who loves spending time on or around the water. The new store will include: A dedicated engine parts counter with a huge selection of engine and steering-related replacement parts from brands such as Sierra, Quicksilver, Champion and Seastar. A marine electronics display with over 100 units to touch and test including theNavico ForwardScan Sonar. An expansive sailboat hardware selection. A dedicated 'Paddle World' featuring a huge selection of kayaks and stand-up paddleboards, plus a broad range of paddling accessories. 7,300 square feet of core boating products-bigger than the entire old North Avenue store. 4,700 square feet of apparel, footwear and clothing accessories for the life on the water. Port Supply hub for marine businesses. Long Distance Cruising with West Marine Founder Randy Repass & Author Sally-Christine Rodgers.

West Marine to Open its New 20,000 Sq. Ft. Midwest Store at 1160 N

West Marine announced that to open its new 20,000 sq. ft. Midwest store at 1160 N. Halsted Street in Chicago. Opening festivities kick off on April 23, at 8 a.m., and continue through April 26. The new store will cater to all those who enjoy life on the water, stocking everything from weatherproof gear to kayaks, as well as stand-up paddleboards and a wide selection of men's and women's shoes and apparel from the top nautical brands. In addition to core boating equipment such as maintenance supplies, sailboat hardware, trailer supplies and an engine parts counter, the store will have hundreds of the latest marine electronics units on display for mariners to touch and test. The new store will also serve as the company's Midwest hub for Port Supply. The Port Supply hub will serve as resource for marine businesses including professional boat builders, boat yards, boat dealers and governmental agencies.

West Marine Launches Print Version of 2015/2016 Catalog

West Marine has launched print version of its 2015/2016 catalog in stores. The catalog is $4.95 in West Marine stores and is free to members of West Advantage, West Marine's popular loyalty program. The online version of the catalog can be viewed or downloaded at The 1,112-page catalog, sometimes referred to as the ‘boating bible,’ provides details on tens of thousands of products. Exciting new items include the Simrad ForwardScan which shows what lies ahead in the water and works with collision avoidance systems such as radar; a new range of Lehr propane-powered outboard engines; innovative safety gear such as West Marine's Deluxe Belt Pack with a Hydration Pouch and the Dynamic Move Paddling Vest that conforms to your body for comfort and flexibility. The catalog also provides 100 informative West Advisor features that provide expert advice and additional information to help customers select the best products for their specific needs. For example, ‘The Basics of Onboard Satellite TV’ explains the evolution of antennas and how different inshore and offshore cruising destinations impact satellite TV purchase options. ‘Selecting the Right Oar Size’ gives the basic rule, which is to triple half the beam length and then add six inches.

West Marine Inc. Plans to Open 3 Stores in Year 2015; Plans to Close 7 U.S. Stores in Year 2015

West Marine Inc. expects to open 3 stores and close 7 U.S. stores in year 2015 and at year end, The company expects selling square footage to be about flat to year end 2014 for domestic locations. The company expects to close 7 of 10 stores in Canada year 2015.


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Valuation WMAR Industry Range
Price/Earnings 100.0x
Price/Sales 0.4x
Price/Book 0.9x
Price/Cash Flow 129.5x
TEV/Sales 0.3x

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