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Earth Fare records $251,644 net loss for March on zero revenue
By Sarah Lizee
Olympia, Wash., April 12 – Earth Fare, Inc. posted a $251,644 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.
In comparison, the company posted a $76,374 net loss for February, also on zero revenue,
The company had $18.63 million in unrestricted cash and equivalents as of March 31, down from $18.86 million at the end of February.
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, 2020 under Chapter 11 case number 20-10256.
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