WestPoint Stevens posts $12.71 million April operating loss

By Caroline Salls

Pittsburgh, May 31 - WestPoint Stevens Inc. reported a $12.71 million operating loss for April on sales of $106.09 million, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

The loss was up from March's $7.83 million operating loss on sales of $97.48 million.

The net loss for April was $25.71 million, up slightly from a net loss of $21.14 million in March.

Cash at April 30 was $955,000, compared to $1.84 million at the end of March.

The West Point, Ga.-based textile firm filed for bankruptcy on June 1, 2003. Its Chapter 11 case number is 03-13532.

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