Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for Golfsmith International Holdings, Inc. > News item |
Golfsmith reports $1.12 million operating loss for Feb. 26 to April 1
By Caroline Salls
Pittsburgh, May 2 – Golfsmith International Holdings, Inc. reported a $1.12 million operating loss for the period of Feb. 26 to April 1 on zero net revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
By comparison, Golfsmith posted a $1.46 million operating loss for the period of Jan. 29 to Feb. 25 on negative $3,000 in net revenue.
The net loss for the latest period was $3.59 million, widening from a $2.12 million net loss for the previous period.
The company had $10.09 million in cash as of April 1, down from $12.93 million at Feb. 25.
Golfsmith, an Austin, Texas-based golf specialty retailer, filed bankruptcy on Sept. 15, 2016. Its Chapter 11 case number is 16-12033.
© 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.