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Published on 12/16/2011 in the Prospect News Distressed Debt Daily.

Robb & Stucky reports negative $101,000 EBITDA for November, no sales

By Caroline Salls

Pittsburgh, Dec. 16 - Robb & Stucky Ltd. LLLP reported negative $101,000 of EBITDA for November on zero net retail sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Middle District of Florida.

Those figures compare to negative $251,000 of EBITDA posted for October, also on zero net retail sales.

Robb & Stucky also reported a net loss of $101,000 for November, narrowing from a $251,000 October net loss.

The company had $5.25 million of cash as of Nov. 30, down from $6.3 million at the end of October.

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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