West Marine is a retailer of boating and fishing supplies. It offers boating products that comprise maintenance, electronics, sailboat hardware, anchors, docking, moorings, engine systems, safety, boat covers, barbecues, appliances, etc.

Employee Rating

3.6More
TypeSubsidiary
HQWatsonville, CA, US
Founded1968
Websitewestmarine.com
Cybersecurity ratingDMore
West Marine was founded in 1968 and is headquartered in Watsonville, CA, US

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Key People/Management at West Marine

Eric Kufel

Eric Kufel

Chief Executive Officer
Ron Baime

Ron Baime

Senior Vice President, Chief Merchandise Officer
Barry Kelley

Barry Kelley

Senior Vice President: Stores and Pro
Bryan Venberg

Bryan Venberg

Chief People Officer and Logistics
Lance Wills

Lance Wills

Chief Digital Officer and Chief Information Officer
Kal Gibron

Kal Gibron

Senior Vice President: General Counsel and Real Estate
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West Marine Office Locations

West Marine has offices in Watsonville, Alameda, Annapolis, Fort Lauderdale and in 6 other locations
Watsonville, CA, US (HQ)
500 Westridge Dr
Alameda, CA, US
2230 S Shore Center
Annapolis, MD, US
113 Hillsmere Dr
Fort Lauderdale, FL, US
1 E Broward Blvd
Fort Lauderdale, FL, US
2401 S Andrews Ave
Kemah, TX, US
1401 Marina Bay Dr
Show all (11)

West Marine Financials and Metrics

Summary Metrics

Founding Date

1968

West Marine Revenue

West Marine's revenue was reported to be $703.37 m in FY, 2016
Annual
USDFY, 2016

Revenue

703.4m

Cost of goods sold

497.7m

Gross profit

205.7m
Quarterly
USDQ1, 2017Q2, 2017

Revenue

129.1m247.2m

Cost of goods sold

96.1m157.0m

Gross profit

32.9m90.3m

Gross profit Margin, %

26%37%
Annual
USDFY, 2017

Cash

76.1m

Accounts Receivable

6.4m

Inventories

212.1m

Current Assets

315.2m
Quarterly
USDQ1, 2017Q2, 2017

Cash

47.0m113.3m

Accounts Receivable

9.1m10.3m

Inventories

257.4m243.4m

Current Assets

340.3m388.4m
Annual
USDFY, 2016

Net Income

6.5m

Depreciation and Amortization

22.2m

Inventories

8.5m

Accounts Payable

5.9m
Quarterly
USDQ1, 2017Q2, 2017

Net Income

(7.3m)14.0m

Depreciation and Amortization

5.8m11.6m

Inventories

(46.3m)(32.4m)

Accounts Payable

31.6m41.1m
USDFY, 2016

Revenue/Employee

367.5k

Financial Leverage

1.3 x
Show all financial metrics

West Marine Operating Metrics

FY, 2016Q1, 2018Q2, 2018Nov, 2020

Items in Catalogue

318

New Products

22

Product Categories

17

Stores

254253250236
Show all operating metrics

West Marine Acquisitions / Subsidiaries

Company NameDateDeal Size
E & B Marine Inc.
West Marine Products, Inc.
West Marine Puerto Rico, Inc.

West Marine Revenue Breakdown

Embed Graph

West Marine revenue breakdown by business segment: 76.5% from Core boating products and 23.5% from Merchandise expansion products

West Marine Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

West Marine Online and Social Media Presence

Embed Graph

West Marine Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    B+

    74/100

  • Compensation

    C

    64/100

  • Diversity

    B

    73/100

Learn more on Comparably

West Marine News and Updates

West Marine Invites Customers to Give the Gift of Adventure this Holiday Season

FT. LAUDERDALE, Fla., Nov. 16, 2021 /PRNewswire/ -- West Marine is thinking about the Holidays a little differently this year. West Marine believes that the power to experience joy is in part possible because we are all inspired by our interactions with one another and by experiencing the...

West Marine Appoints Eric Kufel as Chief Executive Officer

West Marine, Inc. (the "Company" or "West Marine"), the nation's leading omni-channel provider of products, services, and expertise for the marine aftermarket, announced today that Eric Kufel has been appointed to succeed Ken Seipel as Chief Executive Officer. As part of this planned transition, Mr.…

West Marine US Open Sailing Series Highlights Olympians Old and New

FORT LAUDERDALE, Fla., July 29, 2021 /PRNewswire/ -- West Marine and US Sailing are thrilled to announce the final event of the inaugural 2021 West Marine US Open Sailing Series. The final set of races is scheduled to kick off August 13-15 in the San Francisco Bay hosted by the St....

West Marine US Open Sailing Series Continues

FORT LAUDERDALE, Fla., July 6, 2021 /PRNewswire/ -- West Marine and US Sailing are thrilled to announce the continuation of the inaugural 2021 West Marine US Open Sailing Series with the final three events in California. The first event was held in San Diego, June 12-13 at the San Diego...

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 Frequently Asked Questions

  • When was West Marine founded?

    West Marine was founded in 1968.

  • Who are West Marine key executives?

    West Marine's key executives are Eric Kufel, Ron Baime and Barry Kelley.

  • How many employees does West Marine have?

    West Marine has 1,582 employees.

  • What is West Marine revenue?

    Latest West Marine annual revenue is $703.4 m.

  • What is West Marine revenue per employee?

    Latest West Marine revenue per employee is $444.6 k.

  • Who are West Marine competitors?

    Competitors of West Marine include Industrial Revolution, MarineMax and Fishing Republic.

  • Where is West Marine headquarters?

    West Marine headquarters is located at 500 Westridge Dr, Watsonville.

  • Where are West Marine offices?

    West Marine has offices in Watsonville, Alameda, Annapolis, Fort Lauderdale and in 6 other locations.

  • How many offices does West Marine have?

    West Marine has 11 offices.