Eddie Bauer Holdings, Inc. second quarter revenues were $225.7 million, a 7.4% decline compared to $243.8 million last year. Merchandise sales were $211.6 million, a decline of 7.8% compared to $229.4 million last year. Comparable store sales for the second quarter of 2006 declined 5.9%.
Net merchandise sales for the second quarter of 2006 included $153.8 million of sales from the Company’s retail and outlet stores and $57.8 million of sales from its direct channel. This compares to $169.8 million of sales from the Company’s retail and outlet stores and $59.6 million of sales from its direct channel, a decline of 9.4% and 3.0% respectively.
The Company’s net loss for the second quarter of 2006 was $42.0 million, or a loss of $1.40 per diluted share, compared to net income of $69.5 million in the second quarter of 2005.
