Friday, January 16, 2009

West Marine revenue dips as same-store sales fall - Forbes.com

Boating supplier retailer West Marine Inc. said Thursday that its fourth-quarter revenue fell 6.1 percent on declining same-store sales.

The boating industry has been pressured as consumers curb discretionary spending due to economic concerns and job worries.

For the period ended Jan. 3, revenue slipped to $111.1 million from $118.3 million a year earlier."

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