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Published on 12/2/2008 in the Prospect News Distressed Debt Daily.

Uni-Marts net loss slides to $2.02 million in October

By Caroline Salls

Pittsburgh, Dec. 2 - Uni-Marts, LLC reported a $2.02 million net loss for October on $37.72 million in total revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The losses widened from the $470,178 net loss posted in September on $54.86 million in total revenues.

Cash on Oct. 31 was $13.93 million, compared with $14.85 million at the end of September.

Uni-Marts, a State College, Pa.-based convenience store operator, filed for bankruptcy on May 29, 2008. Its Chapter 11 case number is 08-11037.


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