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Gadzooks posts $2.42 million April operating loss
By Caroline Salls
Pittsburgh, May 31 - Gadzooks Inc. reported a $2.42 million operating loss for April on zero sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Northern District of Texas.
In March, the company posted $1.01 million in operating income on sales of $7.31 million.
The net loss for April was $7.45 million, down from a net loss of $9.63 million in March.
Cash on April 30 was $10.7 million compared to $23.46 million at the end of March.
The Dallas-area apparel retailer filed for bankruptcy on Feb. 3, 2004. Its Chapter 11 case number is 04-31486.
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