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Published on 5/20/2020 in the Prospect News Distressed Debt Daily.

Lucky’s marks $1.7 million operating loss for month ended April 25

By Caroline Salls

Pittsburgh, May 20 – Lucky’s Market Parent Co., LLC reported a $1.7 million operating loss for the four weeks ended April 25 on $1.94 million in net sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Lucky’s posted a $2.26 million operating loss for the four weeks ended March 28 on $7.3 million in net sales.

Net income for the April period was $23.27 million, improving from a $3.92 million net loss for the previous period.

In addition, the company listed $19.89 million in cash and cash equivalents as of April 25, up from $17.08 million at March 28.

Lucky’s is a Niwot, Colo.-based supermarket operator. The company filed bankruptcy on Jan. 27 under Chapter 11 case number 20-10166.


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