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Interstate Bakeries posts negative $1.08 million EBITDA for four weeks ended Oct. 21
By Caroline Salls
Pittsburgh, Dec. 6 - Interstate Bakeries Corp. reported negative EBITDA of $1.08 million for the four weeks ended Oct. 21 on revenues of $110.99 million, according to its monthly operating report filed Wednesday with the Securities and Exchange Commission.
For the four weeks ended Sept. 23, the company posted $4.06 million in EBITDA on revenues of $115.66 million.
The net loss for the month ended Oct. 21 was $10.1 million, slipping from a $7.54 million net loss the month before.
Cash on Oct. 21 was $92.09 million, compared with $102.46 million on Sept. 23.
The Kansas City, Mo., bakery operator filed for bankruptcy on Sept. 22, 2004 with the U.S. Bankruptcy Court for the Western District of Missouri. Its Chapter 11 case number is 04-45814.
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