Dots posts $3.39 million in net income for May period on zero net sales

By Kali Hays

New York, June 27 – Dots, LLC reported a net income of $3.39 million on zero net sales for the period of May 4 through May 31, according to its monthly operating report filed June 26 with the U.S. Bankruptcy Court for the District of New Jersey.

Those figures compare to a net income of $1.75 million for April 6 through May 3, also on zero net sales.

The company also reported cash and cash equivalents of $4.79 million as of May 31, dropping from $10.06 million as of May 3.

Dots, a Glenwillow, Ohio-based women's clothing and accessories retailer, filed for bankruptcy on Jan. 20 under Chapter 11 case number 14-11016.

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