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Finlay Enterprises posts $27,419 net profit for Nov. 29 to Jan. 2
By Caroline Salls
Pittsburgh, Jan. 29 - Finlay Enterprises, Inc. reported a $27,419 net profit for the period of Nov. 29 to Jan. 2 on $122.54 million in revenues, according to its monthly operating report filed Friday with the Securities and Exchange Commission.
In comparison, the company posted a $24.37 million net profit for the period of Nov. 1 to Nov. 28 on $56.55 million in revenues.
The company had $107.81 million in cash and cash equivalents at Jan. 2, up from $94.59 million Nov. 28.
Finlay, a New York-based retailer of fine jewelry and an operator of licensed jewelry departments in department stores, filed for bankruptcy on Aug. 5 in the U.S. Bankruptcy Court for the Southern District of New York. The Chapter 11 case number is 09-14873.
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