West Marine Inc. narrowed its Q1 loss to $11.2 million, or 52 cents per share, from a loss of $11.9 million, or 56 cents, a year ago. Revenues sunk 5% to $126.1 million from $132.6 million, with same-store sales down 2.1%. Analysts surveyed by Thomson Financial forecast a loss of 34 cents per share on revenues of $126.7 million.
