Eddie Bauer Holdings Inc. said preliminary sales results for the fourth quarter and full-year periods showed a 1.1 gain and a decline of 4.5 percent, respectively. Management said results were below expectations.

For the quarter ended Dec. 30, net merchandise sales rose to $365 million from $361 million in the same period of the prior year. Results include sales from the company’s retail, outlet and direct channels, but excludes licensing revenue “or revenue generated by the company’s joint ventures,” the retailer said in a statement.

For complete coverage see tomorrow’s issue of WWD.

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