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Houlihan’s records $310,902 net loss for March 30 to April 26 period
By Caroline Salls
Pittsburgh, June 24 – Houlihan’s Restaurants, Inc. reported a $310,902 net loss for the period of March 30 through April 26 on zero operating revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, Houlihan’s posted a $535,026 net loss for the period of Feb. 24 through March 29, also on zero operating revenue.
In addition, the company had $8 million in unrestricted cash and cash equivalents as of April 26, up from $7.83 million at March 29.
Leawood, Kan.-based Houlihan’s operates a chain of restaurants. The company filed bankruptcy on Nov. 14, 2019 under Chapter 11 case number 19-12415.
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