Eddie Bauer's Net Profit Plunges

Share this content:

Eddie Bauer Holdings Inc. reported May 31 that revenues for the first quarter ended April 1 totaled $194.5 million compared to $221.9 million last year.

Same-store sales dropped 10 percent during the same period.

The Redmond, WA-based merchant's net loss for the first quarter was $35.6 million or $1.19 per diluted share compared to a net loss of $8.6 million in the first quarter of 2005.

In a report filed with the Securities and Exchange Commission on May 1, Eddie Bauer attributed its first quarter woes to the many changes it introduced in its Fall/Holiday 2005 collection, the company said.

As previously reported, Eddie Bauer announced its intention last week to explore strategic alternatives, including the sale of the company.

close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here