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Robb & Stucky reports negative $224,000 EBITDA for August; sales up
By Jim Witters
Wilmington, Del., Oct. 21 - Robb & Stucky Ltd. LLLP reported negative $224,000 EBITDA for August on negative $1,000 net retail sales, according to the company's monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Middle District of Florida.
Those figures compare to a negative $2.42 million EBITDA on negative $21,000 net retail sales in July.
The net loss for August was $2.7 million, down from a net loss of $3.41 million in July, the company reported.
The company reported $5.745 million of cash as of Aug. 31, down from $5.87 million at the end of July.
Robb & Stucky, a Sarasota, Fla.-based retailer of upscale, high-end furnishings, filed for bankruptcy on Feb. 18, 2011. Its Chapter 11 case number is 11-02801.
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