KB Toys posts $3.58 million loss in August on sales of $57.23 million

By Jeff Pines

Washington, Sept. 28 - Toy retailer KB Toys Inc. posted a $3.58 million loss on sales of $57.23 million for August.

The Pittsfield, Mass.-based company filed its August results with the U.S. Bankruptcy Court for the District of Delaware Tuesday.

Since filing for bankruptcy on Jan. 14, 2004, the company reported a $116.22 million loss on $468.11 million of revenues.

The company's operating loss for August was $4.36 million, and since Jan. 14, the operating loss was $115.06 million.

Cash and cash equivalents on hand for KB Toys on Aug. 28 totaled $9.81 million.

KB Toys' Chapter 11 case number is 04-10120.

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