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Linens reports $17.58 million net loss for Nov. 23 to Jan. 3
By Caroline Salls
Pittsburgh, Feb. 17 - Linens Holding Co. reported a $17.58 million net loss for the period of Nov. 23 to Jan. 3 on zero revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
The figures compared to a $4.19 million net loss posted for the period of Oct. 26 to Nov. 22, also on zero revenues.
The company had $81.4 million in cash on Jan. 3, down slightly from $81.54 million on Nov. 22.
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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