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Earth Fare records $76,228 net loss for April on zero revenue
By Sarah Lizee
Olympia, Wash., May 7 – Earth Fare, Inc. posted a $76,228 net loss for April on zero revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $251,644 net loss for March, also on zero revenue.
The company had $18.55 million in unrestricted cash and equivalents as of April 30, down from $18.63 million at the end of March.
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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