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Published on 4/21/2020 in the Prospect News Distressed Debt Daily.

Earth Fare reports $1.15 million net loss for March on zero revenue

By Caroline Salls

Pittsburgh, April 21 – Earth Fare, Inc. posted a $1.15 million net loss for March on zero revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The company had $23.97 million in unrestricted cash and equivalents as of March 31.

Earth Fare is an Asheville, N.C.-based specialty natural and organic grocery store and full-service supermarket. The company filed bankruptcy on Feb. 4 under Chapter 11 case number 20-10256.


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