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Published on 2/17/2005 in the Prospect News Distressed Debt Daily.

Heilig-Meyers reports $1.13 million loss for December

By Ellen Chang

Houston, Feb. 17 - Heilig-Meyers Co. reported an unaudited loss of $1.13 million for December in an 8-K filing with the Securities and Exchange Commission.

The company said sales were $28.55 million.

The operating income before reorganization items, delivered sales adjustment and income taxes was $520,000.

Cash on hand was $11.38 million as of Dec. 31.

Heilig-Meyers, a Richmond, Va.-based furniture retailer, filed for bankruptcy on Aug. 16, 2000. Its Chapter 11 case number is 00-34533.


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