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Published on 4/1/2008 in the Prospect News Distressed Debt Daily.

Wickes reports $2.8 million operating loss for Feb. 3 to March 1

By Caroline Salls

Pittsburgh, April 1 - Wickes Holdings, LLC reported a $2.8 million operating loss for the period of Feb. 3 to March 1 on $18.29 million in total net sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the period was $4.31 million.

Cash on March 1 was $2.27 million.

Wickes, a Wheeling, Ill., furniture retailer, filed for bankruptcy on Feb. 3. Its Chapter 11 case number is 08-10212.


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