West Marine Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

West Marine Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between West Marine Inc. and its competitors. This provides our Clients with a clear understanding of West Marine Inc. position in the Retail Industry.

• The report contains detailed information about West Marine Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for West Marine Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The West Marine Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes West Marine Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of West Marine Inc. business.

About West Marine Inc.

West Marine, Inc. is a boating supply retailer. The company offers an assortment of merchandise for the boat and for the boater that meets the needs of individual boaters and boating businesses.

Segments

Stores segment

There were 335 company-operated stores open, as of December 31, 2009. In addition, the company has two franchised stores in Turkey. As of December 31, 2009, the company had main stores in Ft. Lauderdale, Florida, San Diego, California, Brick, New Jersey and Jacksonville, Florida. Its main stores offer an array of merchandise—approximately 16,000 items—as well as interactive displays designed to help customers make informed product selections. These stores offer an assortment of boating hardware and supplies, as well as present a selection of boating-related lifestyle products, such as apparel.

Port Supply segment

The company serves the wholesale market through commissioned sales representatives, its stores, a call center, and the Internet at www.portsupply.com. In 2009, the company distributed marine supplies to domestic and international wholesale customers. Port Supply customers include businesses involved in boat sales, boat building, boat commissioning and repair, yacht chartering, marina operations and other boating-related activities. In addition, Port Supply sells to government and industrial customers who use the company’s products for boating and non-boating purposes.

Direct Sales segment

The company’s e-commerce website and virtual call center comprise the Direct Sales, or direct-to-customer, segment. This direct-to-customer channel complements the Stores segment by building brand awareness, acting as an additional marketing vehicle, and providing customers with the option of shopping from across the globe. E-commerce website provides customers with access to a selection of approximately 50,000 products, product advisor tips and technical information, approximately 250 product videos and customer-submitted product reviews. This segment also provides customers with access to technical advisors who can assist customers in understanding the various uses and applications of the products the company sells. The company mails its catalogs to addresses from proprietary customer list.

History

West Marine, Inc. was founded in 1976.