AmeriMark debtors report $4.93 million operating loss for May

By Sarah Lizee

Olympia, Wash., June 21 – AmeriMark Interactive, LLC and its affiliated debtors reported a $4.93 million operating loss for May on $7.55 million of net sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

To compare, the debtors posted a $1.6 million operating loss for April on $1.27 million of net sales.

The net loss for May was $10.53 million, compared to a net loss of $5.53 million for April.

The debtors had $3.88 million in cash and cash equivalents at the end of May, the same as at the end of April.

AmeriMark is a Cleveland-based direct marketer of women's apparel, shoes, cosmetics, fragrances, jewelry, watches, accessories and health-related merchandise. The company filed bankruptcy on April 11 under Chapter 11 case number 23-10438.

© 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.