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Published on 10/1/2004 in the Prospect News Distressed Debt Daily.

Bush reports $3.16 million loss for August

New York, Oct. 1 - Bush Industries Inc. reported an operating loss of $3.16 million for August, measured as earnings before interest and taxes.

The company had net sales for the month of $20.79 million and a net loss of $2.16 million.

As of Aug. 28, the company had cash and equivalents of $2.84 million.

Bush, a Jamestown, N.Y., furniture maker, filed for bankruptcy on March 31, 2004. Its Chapter 11 case number is 04-12295.


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