The bad news for Eddie Bauer is that it recorded a net loss of $165.5 million for fiscal year 2008, compared with a net loss of $101.7 million during its fiscal 2007. The worse news is that it has $193 million in outstanding debt, and is trying to amend the loan terms.
The company warned that it could be in violation of its loan terms by the first half of fiscal 2009. The company
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