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Published on 6/22/2020 in the Prospect News Distressed Debt Daily.

Krystal posts $678,818 of EBITDA for April 19 through May 17

By Sarah Lizee

Olympia, Wash., June 22 – Krystal Co. reported $678,818 of EBITDA for the period of April 19 through May 17 on $16.98 million in revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Northern District of Georgia.

Net income for the latest period was $1,200,358.

In addition, the company had $8.06 million in available cash as of May 17.

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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