The mall operator of casual and outdoor brown shoes, which should name a new CEO this month, will report a FY loss of $1.50-$1.75 a share ($10.34mm-$12.06mm) as a result. The restructuring includes the liquidation of the retailer’s seven-unit, high-end apparel-focused Eagle’s Nest division, which was purchased in Aug. 1998, and the closure of 35 unprofitable TKTL/Overland Trading doors. About half the FY loss will be derived from the Eagles Nest units, a drag on earnings for months. The aggregate net loss on FY99 earnings for ... Log in to view full article.