Eddie Bauer climbs 22% on narrowed Q2 loss
Shares of Eddie Bauer Holdings Inc. (NASDAQ: EBHI) climbed by more than 22% this morning after the company reported after Thursday's close that it had significantly cut its second quarter loss despite a tough retail climate.
The net loss for the second quarter of 2008 totaled $100,000, or approximately breakeven on a per share basis, compared with a net loss of $22.2 million, or $0.73 per diluted share, in the second quarter of 2007.
Eddie Bauer was trading at $6.34 at 12:21 ET, up $1.15 from Thursdayʼs close. The stock has traded between $2.91 and $11.19 in the past 52 weeks.
For detailed price information and recent news stories about Eddie Bauer, click EBHI.
About the Author
Contributing author Mary Ann Azevedo has more than 13 years of writing and editing experience that includes coverage of a broad range of companies.
Read More
(click a star)
Enter comment: