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Kid Brands reports net loss of zero with no sales for March operations
By Kali Hays
New York, July 20 – Kid Brands, Inc. posted a net loss and net sales of zero for March, according to its monthly operating report filed July 20 with the U.S. Bankruptcy Court for the District of New Jersey.
Kid Brands also reported a net loss and net sales of zero for February.
The company had $606,614 in cash and equivalents as of March 31, remaining unchanged from the end of February.
Kid Brands, an East Rutherford, N.J.-based designer, importer, marketer and distributor of infant and juvenile consumer products, filed for bankruptcy on June 18, 2014. The Chapter 11 case number is 14-22582.
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