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Linens 'n Things posts $17.59 million net earnings for Sept. 28 to Oct. 25
By Caroline Salls
Pittsburgh, Dec. 8 - Linens Holding Co. reported $17.59 million in net earnings for the period of Sept. 28 to Oct. 25 on $54.47 million in revenues, according to its monthly operating report filed Monday with the Securities and Exchange Commission.
In comparison, the company posted an $8.28 million net loss for the period of Aug. 24 to Sept. 27 on $111.93 million in revenues.
The company had $60.12 million in cash on Oct. 25, up from $24.42 million on Sept. 27.
Linens, a Clifton, N.J., home furnishings specialty retailer, filed for bankruptcy on May 2, 2008. Its Chapter 11 case number is 08-10832.
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