West Marine delays distribution of annual earnings release
By IBI Magazine
West Marine said today that it has delayed the distribution of its 2009 fourth quarter and fiscal year earnings release and also postponed a conference call today to discuss the results. It said it was "working through final audit items" with its new independent registered public accounting firm. "While we are working to finalize our audit, we are pleased to say that, as previously reported, we had a year that exceeded our budgeted expectations," said Geoff Eisenberg, West Marine's CEO in a statement. The company said it would announce the release of the results and a new conference call date after completion of the audit.
(11 March 2010)
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