Robby & Stucky EBITDA improves to $820,000 in June; retail sales down

By Caroline Salls

Pittsburgh, July 21 - Robb & Stucky Ltd. LLLP reported $820,000 of EBITDA for June on negative $80,000 in net retail sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Middle District of Florida.

In comparison, Robb & Stucky posted $678,000 in EBITDA for May on $79,000 in net retail sales.

The net loss for June was $13.15 million, widening from a $9.1 million May net loss.

The company had $6.74 million in cash at June 30, down from $8.84 million at the end of May.

Robb & Stucky, a Sarasota, Fla.-based retailer of upscale, high-end furnishings, filed for bankruptcy on Feb. 18. Its Chapter 11 case number is 11-02801.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.