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Prospect News home > News index > List of issuers G > Headlines for Great Atlantic & Pacific Tea Co., Inc. (A&P) > News item |
A&P posts $48.47 million net loss for March 27 to April 23; sales up
By Caroline Salls
Pittsburgh, June 3 - The Great Atlantic & Pacific Tea Co., Inc. (A&P) reported a $48.47 million net loss for the period of March 27 to April 23 on $568.58 million of sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.
The figures compare to a $35 million net loss posted for the period of Feb. 27 to March 26 on $566.77 million of sales.
Cash and cash equivalents were $365.05 million at April 23, up from $349.47 million at March 26.
A&P, a Montvale, N.J.-based operator of supermarkets, filed for bankruptcy on Dec. 12. Its Chapter 11 case number is 10-25459.
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