Katy Industries reports $484,184 operating loss for May 14 to May 26

By Caroline Salls

Pittsburgh, July 10 – Katy Industries, Inc. reported a $484,184 operating loss for the period of May 14 through May 26 on $2.57 million in net sales, according to its monthly operating report filed Monday with the Securities and Exchange Commission.

The net loss for the period was $1.05 million.

In addition, Katy had $5.13 million in unrestricted cash and equivalents as of May 26.

Katy, a St. Louis-based manufacturer, importer and distributor of commercial cleaning and consumer storage products, filed bankruptcy on May 14 in the U.S. Bankruptcy Court for the District of Delaware. The Chapter 11 case number is 17-11101.

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