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WMAR > SEC Filings for WMAR > Form 8-K on 15-Jan-2009All Recent SEC Filings

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Form 8-K for WEST MARINE INC


15-Jan-2009

Results of Operations and Financial Condition, Financial Statements and Exhibits


Item 2.02. Results of Operations and Financial Condition.

On January 15, 2009, West Marine, Inc. announced its net sales for the 14-week period (fourth quarter) ended January 3, 2009 and for the 53-week period (fiscal year) ended January 3, 2009. A copy of this press release is attached hereto as Exhibit 99.1.

The press release also contains disclosure of preliminary adjusted net loss per share for the 2008 fiscal year, which is not a measure of financial performance calculated in accordance with accounting principles generally accepted in the United States ("GAAP"). The press release contains a tabular reconciliation of adjusted net loss per share for the 2008 fiscal year to our preliminary estimate of net loss per share that is calculated in accordance with GAAP. Management believes that adjusted net loss per share provides useful data to evaluate our financial performance from year-to-year and uses this measure for such purpose. Our adjusted net loss per share should not be considered as an alternative to net loss per share as an indicator of West Marine's financial performance. This non-GAAP financial measure may not be comparable to similarly titled measures used by other companies.

The information required to be furnished pursuant to Item 2.02 and as Exhibit 99.1 of this report shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, except if we specifically incorporate it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.



Item 9.01. Financial Statements and Exhibits.

(a) Not Applicable.

(b) Not Applicable.

(c) Not Applicable.

(d) Exhibit:

99.1 Press Release dated January 15, 2009 (furnished pursuant to Item 2.02).

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