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Published on 6/23/2020 in the Prospect News Distressed Debt Daily.

Lucky’s Market marks $795,000 operating loss for month ended May 23

By Sarah Lizee

Olympia, Wash., June 23 – Lucky’s Market Parent Co., LLC reported a $795,000 operating loss for the four weeks ended May 23 on zero net sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Lucky’s posted a $1.7 million operating loss for the four weeks ended April 25 on $1.94 million in net sales.

Net loss for the May period was $23.88 million, compared to a $23.27 million net loss for the previous period.

In addition, the company listed $29.19 million in cash and cash equivalents as of May 23, up from $19.89 million at April 25.

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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