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Charming Charlie debtors post operating results for July 11 to Aug. 3
By Caroline Salls
Pittsburgh, Aug. 26 – Charming Charlie Holdings Inc. debtor Charming Charlie LLC reported $17.27 million in income from operations for the period of July 11 through Aug. 3 on $43.99 million in total operating revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
Net income for the period was $11.8 million.
The company listed $11.82 million in cash and cash equivalents as of Aug. 3.
Meanwhile, the Charming Charlie USA, Inc. debtor posted a $3.49 million operating loss for the period on zero total operating revenue.
Charming Charlie USA’s net loss was $5.65 million, and it had negative $1.36 million in cash and cash equivalents at Aug. 3.
Charming Charlie is a Houston-based retailer of jewelry and accessories for women. The company filed bankruptcy on July 11 under Chapter 11 case number 19-11534.
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