West Marine, Inc.
WMAR
NASDAQ12.97
USD
+0.00
- -
CIK
0000912833
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- IPO Date
- Nov 19, 1993
- CIK
- 0000912833
- Similar Companies
- Business
- West Marine, Inc. (WMAR) operates as the largest specialty retailer of recreational and commercial boating supplies and apparel in the United States, offering an extensive range of aftermarket products including boating, sailing, fishing, and paddling gear; marine electrical products and navigational equipment; apparel and sporting goods; maintenance supplies such as anchors, life jackets, bilge pumps, and trolling motors; and sophisticated electronics through its three primary divisions of retail stores, e-commerce platforms, and wholesale Port Supply operations serving boat manufacturers, marine services, commercial vessel operators, government agencies, and other retailers. Founded in 1968 by Randy Repass and headquartered in Fort Lauderdale, Florida, the company maintains over 230 stores across 38 states and Puerto Rico, complemented by catalog sales, online channels at westmarine.com for domestic, international, retail, and professional customers, and omnichannel fulfillment options like same-day or next-day delivery from locations near marinas. Targeting boaters, cruisers, sailors, anglers, watersports enthusiasts, and commercial clients, West Marine emphasizes customer service, safety initiatives, and industry-leading product availability. Recent developments include securing a $150 million credit facility from Eclipse Business Capital in June 2024 to extend debt maturities, reduce interest expenses, and fund strategic evolution and long-term growth under CEO Chuck Rubin; launching a dedicated West Marine Pro brick-and-mortar store in 2024 to enhance B2B services with added salespeople, call centers, and delivery capabilities; completing recapitalization transactions in 2023 providing $150 million in additional capital backed by L Catterton, its controlling private equity owner since acquiring the company from Monomoy Capital Partners in 2021; and partnering on initiatives like the U.S. Coast Guard Auxiliary boating safety program in 2025.