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Robb & Stucky posts negative $493,000 EBITDA, zero sales for February
By Caroline Salls
Pittsburgh, March 15 - Robb & Stucky Ltd. LLLP reported negative $493,000 of EBITDA for February on zero net retail sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Middle District of Florida.
The figures compare to negative $83,000 of EBITDA posted for January, also on zero net retail sales.
Robb & Stucky also reported a net loss of $493,000 for February, compared to an $83,000 January net loss.
The company had $217,000 of cash as of Feb. 29, down from $4.74 million at the end of January.
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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