Allens posts $5.45 million for December, sales decline for the period

By Lisa Kerner

Charlotte, N.C., Jan. 21 - Allens, Inc. posted a net loss of $5.45 million for the month of December on sales of $28.38 million, according to the company's monthly operating report filed Jan. 21 with the U.S. Bankruptcy Court for the Western District of Arkansas.

Those figures compare to a net loss of $2.97 million on sales of $33.68 for November.

The company also reported cash and cash equivalents of $2.11 million as of Dec. 31, compared to $2.63 million at the end of November.

Allens, a Siloam Springs, Ark., canned and frozen vegetable company, filed bankruptcy on Oct. 28. The Chapter 11 case number is 13-73597.

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