Earth Fare records $107,252 net loss for May on zero revenue

By Sarah Lizee

Olympia, Wash., June 10 – Earth Fare, Inc. posted a $107,252 net loss for May on zero revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company posted a $76,228 net loss for April, also on zero revenue.

The company had $18.47 million in unrestricted cash and equivalents as of May 30, down from $18.55 million at the end of April.

Earth Fare is an Asheville, N.C.-based specialty natural and organic grocery store and full-service supermarket. The company filed bankruptcy on Feb. 4, 2020 under Chapter 11 case number 20-10256.

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