By  on August 11, 2008

Eddie Bauer Holdings Inc. drastically reduced its second-quarter losses, nudged sales upward and was rewarded by investors who traded the firm’s stock up more than 25 percent Friday.

The net loss for the quarter was $70,000, or breakeven on a per-share basis, compared with a year-ago deficit of $22.2 million, or 73 cents.

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