Bashas' net loss improves to $4.38 million in November; revenues up

By Caroline Salls

Pittsburgh, Jan. 4 - Bashas' Inc. reported a $4.38 million net loss for November on $123.72 million in revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Arizona.

The figures showed improvement over the $13.66 million net loss posted for October on $116.24 million in revenues.

Bashas' had cash of $46.78 million at Nov. 28, down from $48.79 million at the end of October.

Bashas', a Chandler, Ariz.-based retail grocery business, filed for bankruptcy on July 12. Its Chapter 11 case number is 09-16050.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.