Troubled marine retailer West Marine reported a 10 percent year-on-year sales decline for the first quarter of 2008. The $113.3 million in sales was down $12.5 million on Q1 2007.
CEO Geoff Eisenberg said sales were down more than expected, and that he was “anxious” about sales going into the spring fitting-out season, traditionally one of the peak selling periods for West Marine.