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Published on 11/26/2018 in the Prospect News Distressed Debt Daily.

Maurice Sporting Goods posts $1.07 million August loss; revenue down

By Caroline Salls

Pittsburgh, Nov. 26 – Maurice Sporting Goods of Delaware, Inc. reported a $1.07 million net loss for August on $1.6 million in net revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Maurice posted a $1.96 million net loss for July on $748,830 in net revenue.

The company had $3.42 million in unrestricted cash and equivalents as of Aug. 31, down from $3.91 million at the end of July.

Maurice is a Northbrook, Ill.-based distributor of outdoor sporting goods. The company filed bankruptcy on Nov. 20, 2017 under Chapter 11 case number 17-12481.


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