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Published on 3/17/2020 in the Prospect News Distressed Debt Daily.

Krystal posts $160,328 of EBITDA for Jan. 27 through Feb. 23 period

By Caroline Salls

Pittsburgh, March 17 – The Krystal Co. reported $160,328 of EBITDA for the period of Jan. 27 through Feb. 23 on $16.72 million in revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Northern District of Georgia.

The net loss for the period was $903,919.

In addition, Krystal had $6.41 million in available cash as of Feb. 23.

Krystal is a Dunwoody, Ga.-based chain restaurant operator. The company filed bankruptcy on Jan. 19 under Chapter 11 case number 20-61065.


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