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Published on 7/29/2008 in the Prospect News Distressed Debt Daily.

Linens 'n Things reports $26.33 million net loss for four weeks ended June 28

By Jennifer Lanning Drey

Portland, Ore., July 29 - Linens Holding Co. posted a $26.33 million net loss for the four-week period ended June 28 on gross revenues of $138.22 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The company had cash of $29.23 million at June 28.

Linens 'n Things, a Clifton, N.J., home furnishings specialty retailer, filed for bankruptcy on May 2. Its Chapter 11 case number is 08-10832.


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