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BI-LO reports EBITDA of $9.36 million for four weeks ended Sept. 12
By Alice Popovici
New York, Oct. 21 - BI-LO, LLC reported $9.36 million of EBITDA for the four-week period ended Sept. 12 on total sales of $194.56 million, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of South Carolina.
The net loss for the period was $2.50 million, compared to $969,000 in August.
BI-LO had cash and cash equivalents of $55.37 million at Sept. 12 versus $27.89 million at Aug. 15.
BI-LO, a Greenville, S.C., supermarket operator, filed for bankruptcy on March 23, 2009. The Chapter 11 case number is 09-02140.
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