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Article: Watsonville, Calif., Boating Supplies Retailer Adds Many Changes.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- July 11, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Shawn Neidorf, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News
Jul. 11--WATSONVILLE, Calif.--Like many other companies, West Marine has advised Wall Street to adjust its expectations for second-quarter earnings -- and it's done so twice.
But unlike the others, the boating-supplies retailer is telling investors to expect more, not less.
West Marine originally projected earnings of 68 to 70 cents a share but later bumped that up to 71 to 73 cents. Last week, the Watsonville company said it would meet or beat the high end of the range. It will announce the second-quarter performance July 26.
Chief Executive John ...