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Prospect News home > News index > List of issuers R > Headlines for Rhodes Inc. > News item
Published on 12/31/2004 in the Prospect News Distressed Debt Daily.

Rhodes posts $5.26 million November loss

By Jeff Pines

Washington, Dec. 30 - Rhodes Inc. posted a $5.26 million loss in November on $37.73 million of revenue, according to the company's monthly operating report filed with the U.S. Bankruptcy Court for the Northern District of Georgia Wednesday.

The Atlanta-based furniture retailer also reported a $4.28 million operating loss.

Cash on Nov. 30 was $9.61 million.

Rhodes filed for bankruptcy on Nov. 4. Its Chapter 11 case number is 04-78434.


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