West Numbers climb but catalog sales lag
Article Abstract:
Watsonville, CA-based boat retailer and marine supply store, West Marine, has posted sales of $183 million in 2nd qtr 2000, up by 3.7% compared with $176.9 million for the 1999 quarter. Meanwhile, its catalog sales, however, dipped by 11.8% to $14.4 million from $16.3 million in the 1999 quarter. This however did not affect the company's overall performance for the quarter which company president and CEO John Edmonson attribute to the firm's improved invetory positions and the launching of the West Advantage customer loyalty program.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 2000
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MarineMax promotes 2 former competitors
Article Abstract:
Richard Bassett and David Cochran have been appointed as the president and CEO, respectively, of MarineMax Inc. Bassett was the former executive VP and director of MarineMax since 1998 while Cochran was the boat retailer's Senior VP. Bassett used to be the president of Bassett Boat Co from 1979 until its merger with MarineMax in 1998. On the other hand, Cochran was the president of Cochran's Marine Inc and C&N Marine until their merger with MarineMax in 1998.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 2000
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MarineMax net rises 21 percent in quarter
Article Abstract:
Clearwater, FL-based boat retailer MarineMax Inc has posted revenues of $174.5 million for the 3rd qtr 2000, up by 8% comapred with revenue of $161.6 million for the 199 quarter. The rise in revenues is attributed to a 3% increase in same-store sales and the $8.3 million of revenues generated by new stores. The company already has 53 store sby the end of Jun 30, 2000 compared with 47 stores the previous year.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 2000
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