Sporting goods, apparel and footwear manufacturer Everlast Worldwide Inc. has posted improved financial results for the first quarter ended March 31.

Net revenues increased 20% to $10 million compared with $8.3 million in the same period in 2005. Growth in net revenue resulted from a 33% increase in sporting goods sales to a record $7 million, the second consecutive quarter of more than 30% year-over-year sales growth.

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