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West Marine reports 4Q loss

WATSONVILLE, Calif. (AP) _ West Marine Inc. (WMAR) on Thursday reported a loss of $9.8 million in its fourth quarter.

The Watsonville, California-based company said it had a loss of 39 cents per share.

The recreational boating supply retailer posted revenue of $129.5 million in the period.

For the year, the company reported profit of $6.5 million, or 26 cents per share. Revenue was reported as $703.4 million.

West Marine shares have declined 15 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.92, a rise of 8 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMAR at https://www.zacks.com/ap/WMAR


Keywords: West Marine, Earnings Report