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Published on 9/2/2005 in the Prospect News Distressed Debt Daily.

Falcon Products posts $5.79 million July net loss

By Caroline Salls

Pittsburgh, Sept. 2 - Falcon Products Inc. reported a $5.79 million net loss for July on revenues of $11.38 million, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Eastern District of Missouri.

In June, the company posted a $6.78 million net loss on revenues of $11.56 million.

Cash on July 31 was $204,000, up from $171,000 at the end of June.

The St. Louis manufacturer of commercial furniture made a prepackaged filing for Chapter 11 on Jan. 31, 2005. Its case number is 05-41108.


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