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Huffy posts $811,000 June operating loss
By Caroline Salls
Pittsburgh, Aug. 4 - Huffy Corp. reported an $811,000 operating loss for June on sales of $10.19 million, according to its monthly operating report filed with the Securities and Exchange Commission.
In May, the company posted $32,000 in operating income on sales of $16.39 million.
The net loss for June was $1.52 million, up from a net loss of $811,000 for May.
Cash at July 2 was $622,000, compared to $832,000 at the end of May.
Huffy, a Miamisburg, Ohio-based bicycle and sporting goods company, filed for bankruptcy on Oct. 20, 2004 in the U.S. Bankruptcy Court for the Southern District of Ohio. Its Chapter 11 case number is 04-39148.
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