West Marine

West Marine carries more than 110,000 products, ranging from the rope that started it all, to the latest in marine electronics. We strive to be the best supplier of boating-related products and services that provide outstanding value to every Customer. We will work to improve and protect marine habitats, reduce our impact on the environment, and promote boating.

Type
Public
HQ
Watsonville, US
Founded
1968
Size (employees)
1,850 (est)-3%
West Marine was founded in 1968 and is headquartered in Watsonville, US

West Marine Office Locations

West Marine has an office in Watsonville
Watsonville, US (HQ)
500 Westridge Dr

West Marine Financials and Metrics

West Marine Financials

West Marine's revenue was reported to be $703.4 m in FY, 2016
USD

Revenue (Q2, 2017)

247.2 m

Gross profit (Q2, 2017)

90.3 m

Gross profit margin (Q2, 2017), %

37%

Net income (Q2, 2017)

21.2 m

EBIT (Q2, 2017)

36.1 m

Market capitalization (13-Sep-2017)

328.5 m

Cash (07-Jan-2017)

113.3 m
West Marine's current market capitalization is $328.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

663.2 m675.8 m704.8 m703.4 m

Revenue growth, %

2%4%(0%)

Cost of goods sold

502.8 m497.7 m

Gross profit

202 m205.7 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017

Revenue

193.4 m113.3 m236.5 m196.5 m194.4 m127.1 m253.2 m191.9 m130.4 m251.6 m129.1 m247.2 m

Cost of goods sold

138.5 m88.4 m154.2 m138.1 m138.1 m100.1 m162.4 m136.5 m97.5 m162.4 m96.1 m157 m

Gross profit

54.9 m24.9 m82.3 m58.4 m56.3 m27 m90.8 m55.4 m32.9 m89.2 m32.9 m90.3 m

Gross profit Margin, %

28%22%35%30%29%21%36%29%25%35%26%37%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

48.4 m45.7 m48.2 m76.1 m

Current Assets

282.3 m298.2 m301.7 m315.2 m

PP&E

72.8 m79.4 m81.6 m82.5 m

Total Assets

364.2 m385.5 m391.8 m406.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017

Cash

69.9 m10.4 m38.9 m63.6 m60.5 m6.6 m44.2 m93.9 m22.4 m89.6 m47 m113.3 m

Accounts Receivable

7.9 m9.3 m11 m8.5 m8.6 m9.6 m10.7 m8.9 m9.1 m10.6 m9.1 m10.3 m

Current Assets

322.4 m297.2 m319.9 m309.3 m329.8 m311.4 m340.6 m351 m327.2 m373.5 m340.3 m388.4 m

PP&E

69.9 m74.9 m79.6 m80 m79 m81.9 m81.4 m80 m82 m80.5 m79.6 m77.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

7.8 m1.9 m4.5 m6.5 m

Depreciation and Amortization

15 m18.2 m20.7 m22.2 m

Accounts Payable

1.1 m10.8 m(7.9 m)5.9 m

Cash From Operating Activities

13.6 m24 m23.3 m49.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017

Net Income

6.3 m(11 m)18.3 m4.9 m4.9 m(10.3 m)20.9 m3.9 m(9.1 m)21.6 m(7.3 m)

Accounts Receivable

11 m8.5 m8.6 m9.6 m10.7 m8.9 m9.1 m10.6 m9.1 m

Accounts Payable

50.2 m34.5 m38.2 m53.5 m53.2 m55.3 m66.9 m77.2 m63.2 m
USDY, 2017

Revenue/Employee

133.6 k

Financial Leverage

1.5 x
Show all financial metrics

West Marine Operating Metrics

West Marine's Stores was reported to be 250 in Q2, 2018
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2016Q1, 2018Q2, 2018

Stores

279274273265263261258256254253250

Retail Space, sq ft

2.71 m2.61 m2.56 m
Show all operating metrics

West Marine Market Value History

West Marine's Web-traffic and Trends

West Marine Online and Social Media Presence

West Marine News and Updates

Monomoy completes West Marine acquisition for about $337 mln

Monomoy Capital Partners has closed its previously announced acquisition of West Marine, a retailer of boating supplies and accessories, for $12.97 per share or about $337 million. Jefferies LLC advised Monomoy on the deal while Bank of America and Pathlight Capital provided financing for the transa…

Monomoy to buy retailer West Marine for $12.97 per share

Monomoy Capital Partners has agreed to acquire West Marine, a retailer of boating gear, apparel, footwear and other waterlife-related products, for $12.97 per share in cash. The deal is expected to close in the third quarter of this year. Guggenheim Securities served as financial adviser to West Mar…

West Marine Company Life and Culture

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