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Published on 11/17/2015 in the Prospect News Distressed Debt Daily.

Kid Brands net loss, net sales stay steady at zero for July

By Mark Reccek

Bethlehem, Pa., Nov. 17 – Kid Brands, Inc. marked a net loss and net sales of zero for July, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of New Jersey.

For June, Kid Brands also reported a net loss and net sales of zero.

The company also had $606,614 in cash and equivalents as of July 31, remaining unchanged from the end of June.

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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