By  on April 9, 2009

Predicting a “very difficult” 2009 in its fourth-quarter earnings call Wednesday, Eddie Bauer Holdings Inc. said it foresees first-quarter revenues dropping about 15 percent compared with last year’s quarterly sales of $213.2 million.

The Seattle-based company, which said last month it was at “significant risk” of violating its covenants on a $225 million loan, also said it signed an amendment to its term loan last week.

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