West Marine Inc. reported a net loss of $9.4 million, compared to a net loss of $5.5 million last year.
The boating supplies cataloger and retailer reported net sales of $132.6 million for the quarter ended April 1, up from net sales of $125.3 million last year.
The Watsonville, CA company attributed this performance to higher operating costs for 28 new stores it has opened since the second half of 2005.
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