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Linens 'n Things records $3.61 million net loss for Oct. 26-Nov. 22
By Caroline Salls
Pittsburgh, Dec. 31 - Linens Holding Co. reported a $3.61 million net loss for the period of Oct. 26 to Nov. 22 on zero revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
The figures showed a decline from the $17.59 million in net earnings posted for the period of Sept. 28 to Oct. 25 on $54.47 million in revenues.
The company had $81.54 million in cash on Nov. 22, compared with $60.12 million on Oct. 25.
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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