Linens posts $16.11 million net loss for July 27 to Aug. 23

By Caroline Salls

Pittsburgh, Oct. 7 - Linens Holding Co. reported a $16.11 million net loss for the period of July 27 to Aug. 23 on $118.61 million in revenues, according to its monthly operating report filed Tuesday with the Securities and Exchange Commission.

The August numbers showed improvement over a $20.68 million net loss posted for the period of June 29 to July 26 on $111.96 million in revenues.

The company had $14.33 million in cash at Aug. 23, compared to $33.93 million at July 26.

Linens, a Clifton, N.J., home furnishings specialty retailer, filed for bankruptcy on May 2 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 08-10832.

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