Manufacturer and licensor of sporting goods, apparel and footwear Everlast Worldwide Inc. has posted improved financial results for its first quarter ended March 31. Net revenues increased 24% to $12.4 million compared with $10 million in the 2006 quarter, driven by a 30% increase in sporting goods sales to a record $9 million. Net licensing revenues increased 11% to approximately $3.3 million compared with $3 million in the first quarter of 2006, largely driven by organic increases in licensing income, particularly in the UK, South Korea and Chile.