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West Marine Release 2Q Operating Reports

West Marine, Inc. released unaudited financial results for the second quarter and first six months of 2012. Second Quarter 2012 Highlights: Net revenues were $243.6 million, an increase of 3.2% over last year. Comparable store sales increased by 2.1% over last year. Second quarter income before taxes was $38.1 million compared to $40.0 million last […]

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West Marine stock upgraded

West Marine (WMAR) has been upgraded by The Street Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has […]