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Article Date: April 2017
Word Count: 99

West Marine Shrinks Loss on Lower Spending

WMAR’s net loss narrowed to $7,270,000 from a loss of $9,113,000 in the seasonally small first quarter ended Apr. 1, on 1% lower revenues of $129,063,000 from $130,405,000 and flat comp store sales. Gross margin expanded by 30 basis points to 25.5%, but the bulk of the improvement in ... Log in to view full article.


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