Casual sportswear and accessories retailer Eddie Bauer Holdings, Inc. has reported improved financial results for the first quarter ended March 31.

Total revenues increased approximately 10% to reach $214 million from $194.5 million in the first quarter last year. This included net merchandise sales of $200 million, shipping revenues of $8.7 million, licensing royalty revenues of $3.5 million, royalty revenues from foreign joint ventures of $1.5 million, and other revenues of $0.3 million.

The company posted a net loss of $44.8 million—which included a previously announced $5 million merger termination fee and $1.4 million in legal fees and expenses related to the company's proposed sale to an affiliate of Sun Capital Partners and Golden Gate Capital $3.2 million of accelerated stock-based compensation expense, related to the resignation of its former CEO, and a $1.6 million legal settlement—compared with a net loss of $35.6 million in the same period in 2006.