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KB Toys posts loss of $20.89 million in January
By Ellen Chang
Houston, Feb. 28 - KB Toys Inc. recorded a loss of $20.89 million in the month to Jan. 29 on sales of $39.39 million, according to the company's monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware Monday.
The Pittsfield, Mass.-based toy retailer had an operating loss of $14.84 million in January.
Cash and cash equivalents on Jan. 29 were $70.29 million.
The company's Chapter 11 case number is 04-10120.
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