West Marine Reports Rise in Income

West Marine, Inc. reported net income of $15.8 million for the second quarter, an increase over $13.7 million for the same period last year.

Net sales for the quarter ended June 29 were $190 million, a 1% increase over $188.2 million in 2001.

The boating supplies cataloger and retailer’s net income for the 26 weeks ended June 29 was $13.4 million, a gain over $10.5 million for the same period in 2001.

The Watsonville, CA company’s net sales for the 26 weeks ended June 29, were $287.2 million, a 3.3% increase over $278 million for the same period a year ago.