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Gadzooks posts $3.37 million loss for October on net sales of $10.47 million
By Jeff Pines
Washington, Dec. 13 - Gadzooks Inc. posted a $3.37 million loss for October on net sales of $10.47 million, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Northern District of Texas.
In September, the Dallas-area retailer lost $3 million on net sales of $13.21 million.
The company recorded a $2.72 million operating loss for October compared with an operating loss of $1.38 million for September.
Cash at Oct. 31 was $1.22 million compared with $1.29 million on Sept. 30.
Gadzooks filed for bankruptcy on Feb. 3, 2004. Its Chapter 11 case number is 04-31486.
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